The DOI matches its Crossref record; 22 of the 22 references it cites were found in a registry or an index.
The High Politics of IMF Lending
Abstract
Analysts have long suspected that politics affects the lending patterns of the International Monetary Fund (IMF), but none have adequately specified or systematically tested competing explanations. This paper develops a political explanation of IMF lending and tests it statistically on the developing countries between 1985 and 1994. It finds that political realignment toward the United States, the largest power in the IMF, increases a country's probability of receiving an IMF loan. A country's static political alignment position has no significant impact during this period, suggesting that these processes are best modeled dynamically. An analysis of two subsamples rejects the hypothesis that the IMF has become less politicized since the end of the cold war and suggests that the influence of politics has actually increased since 1990. The behavior of multilateral organizations is still driven by the political interests of their more powerful member states.
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Cites
After Hegemony: Cooperation and Discord in the World Political Economy
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Cited by
The IMF and Economic Development
Vreeland, J. R. (2003) · Cambridge University Press eBooks · doi:10.1017/cbo9780511615726 · Cited by 609
Global horse trading: IMF loans for votes in the United Nations Security Council
Dreher, A., Sturm, J.-E., & Vreeland, J. R. (2009) · European Economic Review · doi:10.1016/j.euroecorev.2009.03.002 · Cited by 441
Changing aid regimes? U.S. foreign aid from the Cold War to the War on Terror
Fleck, R. K., & Kilby, C. (2010) · Journal of Development Economics · doi:10.1016/j.jdeveco.2009.09.011 · Cited by 297
The relevance of political affinity for the initial acquisition premium in cross‐border acquisitions
Bertrand, O., Betschinger, M., & Settles, A. (2016) · Strategic Management Journal · doi:10.1002/smj.2438 · Cited by 191
A Thousand Cuts: Social Protection in the Age of Austerity
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Metadata
- Authors
- Thacker, S. C.
- Venue
- World Politics
- Publisher
- Project MUSE
- Published
- 1999-10
- Volume
- 52
- Issue
- 1
- Pages
- 38-75
- ISSN
- 0043-8871 (ISSN-L)
- 1086-3338
- OpenAlex
- W2132340558
- Cited by
- 734
- References
- 22
- FWCI
- 78.05
- Type
- journal article
- Language
- en
- Open access
- closed
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
