LEADER 02610nam 22005053u 450 001 9910452409003321 005 20210113175922.0 010 $a1-4755-1820-X 010 $a1-4755-4247-X 035 $a(CKB)2550000000106459 035 $a(EBL)1606721 035 $a(SSID)ssj0001036168 035 $a(PQKBManifestationID)11662593 035 $a(PQKBTitleCode)TC0001036168 035 $a(PQKBWorkID)11041671 035 $a(PQKB)11279432 035 $a(MiAaPQ)EBC1606721 035 $a(EXLCZ)992550000000106459 100 $a20140210d2012|||| u|| | 101 0 $aeng 135 $aur|n|---||||| 181 $ctxt 182 $cc 183 $acr 200 10$aCountry Stress Events$b[electronic resource] 210 $aWashington $cInternational Monetary Fund$d2012 215 $a1 online resource (46 p.) 225 1 $aIMF Working Papers 300 $aDescription based upon print version of record. 311 $a1-4755-7068-6 311 $a1-4755-0345-8 327 $aCover; CONTENTS; I. INTRODUCTION; II. DATA AND CONSTRUCTION OF THE MAIN VARIABLES; A. GOVERNANCE MEASURES; B. FISCAL STRESS INDICATOR (FSI); C. POLITICAL STRESS INDICATOR (PSI); D. OTHER VARIABLES; III. ESTIMATION METHODOLOGY AND MAIN RESULTS; A. ESTIMATION TECHNIQUE; B. ESTIMATION RESULTS; IV. DISCUSSION OF THE RESULTS; A. FISCAL STRESS; B. POLITICAL STRESS; V. CONCLUSION; REFERENCES; ANNEX I: DATA AND DESCRIPTIVE STATISTICS; ANNEX II: DATA SOURCES; ANNEX III: FISCAL AND POLITICAL STRESS EVENTS; ANNEX IV: GROUPING OF COUNTRIES BY REGION AND HYDROCARBON EXPORT; ANNEX V: ESTIMATION RESULTS 327 $aANNEX VI: PREDICTED VALUES FROM STRESS EVENT MODEL 330 $aThis paper analyzes the linkages between governance quality and country stress events. It focuses on two types of events: fiscal and political stress events, for which two innovative stress indicators are introduced. The results suggest that weaker governance quality is associated with a higher incidence of both fiscal and political stress events. In particular, internal accountability, which measures the responsiveness of governments to improving the quality of the bureaucracy, public service provision, and respect for the institutional framework in place, is positively associated with fiscal 410 0$aIMF Working Papers 608 $aElectronic books. 700 $aKochanova$b Anna$0910666 701 $aCaceres$b Carlos$0882223 801 0$bAU-PeEL 801 1$bAU-PeEL 801 2$bAU-PeEL 906 $aBOOK 912 $a9910452409003321 996 $aCountry Stress Events$92038166 997 $aUNINA