IDEAS home Printed from https://ideas.repec.org/p/dav/wpaper/13-04.html

Social Unrest in the Wake of IMF Structural Adjustment Programs

Author

Listed:
  • Ben Zissimos

    (Department of Economics, Vanderbilt University)

  • Caleb Stroup

    (Department of Economics, Davidson College)

Abstract

This paper proposes an answer to the question of why social unrest sometimes occurs in the wake of an IMF Structural Adjustment Program (SAP). Under certain circumstances, partly determined by a country’s comparative advantage, a nation’s elite may have an incentive to make transfers to the rest of society through government employment in order to quell social unrest. But under an SAP, the elite are constrained from making such transfers and consequently social unrest may arise. The paper proposes a framework from which a prediction can be made about the circumstances under which social unrest can be expected to occur. It then takes this prediction to the data and finds empirical support for it.

Suggested Citation

  • Ben Zissimos & Caleb Stroup, 2013. "Social Unrest in the Wake of IMF Structural Adjustment Programs," Working Papers 13-04, Davidson College, Department of Economics.
    • Handle: RePEc:dav:wpaper:13-04
    DOI: 10.4236/tel.2013.35A1006
    as

    Download full text from publisher

    File URL: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2258403&download=yes
    Download Restriction: no
    File URL: https://libkey.io/10.4236/tel.2013.35A1006?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Other versions of this item:

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Stephen C. Nelson & Geoffrey P. R. Wallace, 2017. "Are IMF lending programs good or bad for democracy?," The Review of International Organizations, Springer, vol. 12(4), pages 523-558, December.
    2. Brett A. Casper, 2017. "IMF Programs and the Risk of a Coup d’état," Journal of Conflict Resolution, Peace Science Society (International), vol. 61(5), pages 964-996, May.

    More about this item

    Keywords

    ;
    ;
    ;
    ;
    ;

    JEL classification:

    • D30 - Microeconomics - - Distribution - - - General
    • D74 - Microeconomics - - Analysis of Collective Decision-Making - - - Conflict; Conflict Resolution; Alliances; Revolutions
    • F10 - International Economics - - Trade - - - General
    • O12 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Microeconomic Analyses of Economic Development
    • P14 - Political Economy and Comparative Economic Systems - - Capitalist Economies - - - Property Rights

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:dav:wpaper:13-04. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Dave Martin (email available below). General contact details of provider: https://edirc.repec.org/data/dedavus.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.