EconPapers    
Economics at your fingertips  
 

The development and implementation of IMF and World Bank conditionality

Axel Dreher ()

No 165, HWWA Discussion Papers from Hamburg Institute of International Economics (HWWA)

Abstract: The paper presents a detailed description of IMF and World Bank conditionality and tries to explain changes in this conditionality over time as well as differences between the two institutions. Using panel data it is shown that the number of Fund conditions seem to be influenced by contemporaneous World Bank activity. Moreover, the paper tries to explain compliance with World Bank conditionality as well as interruptions of IMF programs in the recipient countries. Compliance with World Bank conditionality is lower in election years and pre-election years. Breakdowns of IMF programs are less likely in election years. However, no other political factors seem to influence interruptions and compliance systematically. The paper describes the institutions' reaction to recent criticism and concludes with implications for reform.

Keywords: IMF; World Bank; Conditionality; Compliance; Program Interruption (search for similar items in EconPapers)
JEL-codes: D72 F33 F34 (search for similar items in EconPapers)
Date: 2002
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (14) Track citations by RSS feed

Downloads: (external link)
https://www.econstor.eu/bitstream/10419/19327/1/165.pdf (application/pdf)

Related works:
Working Paper: The Development and Implementation of IMF and World Bank Conditionality (2002) Downloads
Working Paper: The Development and Implementation of IMF and World Bank Conditionality (2002) Downloads
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:zbw:hwwadp:26352

Access Statistics for this paper

More papers in HWWA Discussion Papers from Hamburg Institute of International Economics (HWWA) Contact information at EDIRC.
Bibliographic data for series maintained by ZBW - Leibniz Information Centre for Economics ().

 
Page updated 2019-12-07
Handle: RePEc:zbw:hwwadp:26352