Buying Votes and International Organizations

Axel Dreher and James Vreeland

No 78, Courant Research Centre: Poverty, Equity and Growth - Discussion Papers from Courant Research Centre PEG

Abstract: This study explores a basic idea in political economy: Trading money for political influence. Our focus is at the level of international institutions, where governments may exploit their influence in one organization to gain leverage over another. In particular, we consider the lending activities of the International Monetary Fund (IMF) and voting behavior at the United Nations Security Council (UNSC). Analyzing an original dataset on the successful and failed resolutions of the UNSC, we find evidence of vote-buying.

Keywords: IMF; UN Security Council; Voting; Aid (search for similar items in EconPapers)
JEL-codes: F35 O11 O19 (search for similar items in EconPapers)
Date: 2011-05-10
New Economics Papers: this item is included in nep-cdm and nep-pol
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Persistent link: https://EconPapers.repec.org/RePEc:got:gotcrc:078

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