Institutional Determinants: A Case Study of IMF Programme and Non-programme Countries

Omer Javed ()
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Omer Javed: University of Barcelona

A chapter in The Political Economy of Governance, 2015, pp 141-153 from Springer

Abstract: Abstract The current study attempts to explore significant determinants of institutional quality—economic and political—in the case of non-programme and programme countries. The period of analysis is 1980–2009, as the activity of IMF increased during this time. Results primarily indicate that the military in power significantly reduces institutional quality, while improvement in property rights, openness, aggregate governance and real GDP growth all remain highly important in improving institutional quality, while enhancement in monetary and investment freedom also help and hence need to be focused upon by IMF programmes.

Keywords: Institutional Quality; Recipient Country; Economic Freedom Index; Institutional Determinant; Programme Country (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:spr:stpocp:978-3-319-15551-7_7

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DOI: 10.1007/978-3-319-15551-7_7

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