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IMF conditionality: An approach based on the theory of special interest politics

Author

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  • Wolfgang Mayer

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  • Alex Mourmouras

    ()

Abstract

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Suggested Citation

  • Wolfgang Mayer & Alex Mourmouras, 2008. "IMF conditionality: An approach based on the theory of special interest politics," The Review of International Organizations, Springer, vol. 3(2), pages 105-121, June.
  • Handle: RePEc:spr:revint:v:3:y:2008:i:2:p:105-121 DOI: 10.1007/s11558-007-9023-0
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    References listed on IDEAS

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    1. Wolfgang Mayer & Alex Mourmouras, 2005. "On the Viability of Conditional Assistance Programs," IMF Working Papers 05/121, International Monetary Fund.
    2. Alberto Paloni & Maurizio Zanardi, 2006. "Development Policy Lending, Conditionality, and Ownership: A Dynamic Agency Model Perspective," Review of Development Economics, Wiley Blackwell, vol. 10(2), pages 253-266, May.
    3. Carsten Hefeker & Katharina Michaelowa, 2005. "Can process conditionality enhance aid effectiveness?," Public Choice, Springer, vol. 122(1), pages 159-175, January.
    4. Grossman, Gene M & Helpman, Elhanan, 1994. "Protection for Sale," American Economic Review, American Economic Association, pages 833-850.
    5. Dixit, Avinash & Grossman, Gene M & Helpman, Elhanan, 1997. "Common Agency and Coordination: General Theory and Application to Government Policy Making," Journal of Political Economy, University of Chicago Press, vol. 105(4), pages 752-769, August.
    6. Michael Mussa & Miguel Savastano, 2000. "The IMF Approach to Economic Stabilization," NBER Chapters,in: NBER Macroeconomics Annual 1999, Volume 14, pages 79-128 National Bureau of Economic Research, Inc.
    7. Alex Mourmouras & Wolfgang Mayer, 2002. "Vested Interests in a Positive Theory of IFI Conditionality," IMF Working Papers 02/73, International Monetary Fund.
    8. Fernandez, Raquel & Rodrik, Dani, 1991. "Resistance to Reform: Status Quo Bias in the Presence of Individual-Specific Uncertainty," American Economic Review, American Economic Association, pages 1146-1155.
    Full references (including those not matched with items on IDEAS)

    Citations

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    Cited by:

    1. Marchesi, Silvia & Sabani, Laura & Dreher, Axel, 2011. "Read my lips: The role of information transmission in multilateral reform design," Journal of International Economics, Elsevier, pages 86-98.
    2. Silvia Marchesi & Laura Sabani & Axel Dreher, 2009. "Agency and Communication in IMF Conditional Lending: Theory and Empirical Evidence," Working Papers 79, Sapienza University of Rome, CIDEI.
    3. Wade Jacoby & Gabriel Lataianu & Camelia Lataianu, 2009. "Success in slow motion: The Europeanization of Romanian child protection policy," The Review of International Organizations, Springer, pages 111-133.
    4. Ozlem Arpac & Graham Bird, 2009. "Turkey and the IMF: A case study in the political economy of policy implementation," The Review of International Organizations, Springer, pages 135-157.
    5. Johannes Urpelainen, 2011. "Early birds: Special interests and the strategic logic of international cooperation," The Review of International Organizations, Springer, pages 113-140.
    6. Axel Dreher, 2009. "IMF conditionality: theory and evidence," Public Choice, Springer, vol. 141(1), pages 233-267, October.
    7. Dreher, Axel & Sturm, Jan-Egbert & Vreeland, James Raymond, 2009. "Global horse trading: IMF loans for votes in the United Nations Security Council," European Economic Review, Elsevier, vol. 53(7), pages 742-757, October.
    8. Glen Biglaiser & Karl DeRouen, 2010. "The effects of IMF programs on U.S. foreign direct investment in the developing world," The Review of International Organizations, Springer, pages 73-95.
    9. Glen Biglaiser & Karl DeRouen, 2011. "How soon is now? The effects of the IMF on economic reforms in Latin America," The Review of International Organizations, Springer, pages 189-213.
    10. repec:got:cegedp:86 is not listed on IDEAS
    11. repec:elg:eechap:15325_15 is not listed on IDEAS
    12. Hagen, Rune Jansen, 2014. "Rents and the Political Economy of Development Aid," Working Papers in Economics 07/14, University of Bergen, Department of Economics.

    More about this item

    Keywords

    Special interest politics; Political economy; Policy reforms; Models of the IMF; Conditionality; E61; F33; F34;

    JEL classification:

    • E61 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Policy Objectives; Policy Designs and Consistency; Policy Coordination
    • F33 - International Economics - - International Finance - - - International Monetary Arrangements and Institutions
    • F34 - International Economics - - International Finance - - - International Lending and Debt Problems

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