1.

Record Nr.

UNINA9910464012103321

Autore

Honda Jiro

Titolo

Do IMF programs improve economic governance? / / Jiro Honda

Pubbl/distr/stampa

[Washington, District of Columbia] : , : International Monetary Fund, , 2008

©2008

ISBN

1-4623-1846-0

1-4527-3395-3

1-4518-6974-6

1-282-84068-1

9786612840685

Descrizione fisica

1 online resource (34 p.)

Collana

IMF Working Papers

Disciplina

353.00722

Soggetti

Economic assistance - Developing countries - Econometric models

Economic development - Developing countries - Econometric models

Electronic books.

Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

Description based upon print version of record.

Nota di bibliografia

Includes bibliographical references.

Nota di contenuto

Table of Contents; I. Background; II. The IMF's Approach to Economic Governance; A. The Approach; B. Literature Review; III. Stylized Facts About Economic Governance in Developing Countries; IV. Empirical Framework; A. Model; B. Data; C. Results; V. Concluding Remarks

Sommario/riassunto

This paper examines the effects of IMF financial assistance on economic governance in developing countries, based on panel data analyses of perceived governance indicators. It uses a two-stage approach to address possible endogeneity issues. The results show that successful implementation of IMF programs is associated with improvements in the quality of economic governance. Specifically, the paper finds statistically robust results that IMF concessional programs through the Poverty Reduction and Growth Facility tend to enhance the rule of law and strengthen control of corruption. Through this