1.

Record Nr.

UNINA9910788238503321

Autore

Honda Jiro

Titolo

Do IMF Programs Improve Economic Governance? / / Jiro Honda

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 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

Banks and Banking

Econometrics

Macroeconomics

Public Finance

Criminology

Bureaucracy

Administrative Processes in Public Organizations

Corruption

Personal Income, Wealth, and Their Distributions

Banks

Depository Institutions

Micro Finance Institutions

Mortgages

Taxation, Subsidies, and Revenue: General

Discrete Regression and Qualitative Choice Models

Discrete Regressors

Proportions

Corporate crime

white-collar crime

Banking

Public finance & taxation

Econometrics & economic statistics

Personal income

Legal support in revenue administration

Probit models



Income

Banks and banking

Revenue

Econometric models

Montenegro

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 exercise, however, no statistically significant effect is observed for assistances under the General Resource Account.