How Have IMF Priorities Evolved? A Text Mining Approach

Gareth Anderson, Paolo Galang, Andrea Gamba, Leandro Medina () and Tianxiao Zheng

No 2021/159, IMF Working Papers from International Monetary Fund

Abstract: This paper assess how priorities of the IMF’s membership have evolved over the past two decades, by using text mining techniques on a unique dataset combining IMFC communiqués and constituency statements. Our results reveal significant variation in priorities across time and constituencies. Statements can be characterized by the weight which they place on three key priorities: (i) growth; (ii) debt and development; and (iii) crisis management and quota reform. Sentiment analysis techniques also show that addressing climate change is a topic which is viewed positively by an increasing number of constituencies.

Keywords: IMFC communiqué; constituency statement; IMF priority; constituency cluster; sentiment analysis technique; Climate change; Mining sector; Global financial crisis of 2008-2009; Crisis management; Global (search for similar items in EconPapers)
Pages: 32
Date: 2021-06-04
New Economics Papers: this item is included in nep-big, nep-dev and nep-env
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.imf.org/external/pubs/cat/longres.aspx?sk=50227 (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:imf:imfwpa:2021/159

Ordering information: This working paper can be ordered from
http://www.imf.org/external/pubs/pubs/ord_info.htm

Access Statistics for this paper

More papers in IMF Working Papers from International Monetary Fund International Monetary Fund, Washington, DC USA. Contact information at EDIRC.
Bibliographic data for series maintained by Akshay Modi ().