Does membership on the UN security council influence IMF decisions?
Open access
Date
2006-10Type
- Working Paper
ETH Bibliography
yes
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Abstract
We investigate whether temporary members of the UN Security Council receive favorable treatment from the IMF, using panel data for 191 countries over the period 1951 to 2004. Our results indicate a robust positive relationship between temporary UN Security Council membership and participation in IMF programs, even after accounting for economic and political factors, as well as regional and country effects, and duration dependence. There is also evidence that UNSC membership reduces the number of conditions included in IMF programs. The size of the loan, however, is not affected by UNSC membership. Show more
Permanent link
https://doi.org/10.3929/ethz-a-005277576Publication status
publishedJournal / series
KOF Working PapersVolume
Publisher
KOF Swiss Economic Institute, ETH ZurichSubject
ENTSCHEIDUNGSFINDUNG IN DER POLITIK; Nations Unies; Vereinte Nationen; UN Security Council; DECISION-MAKING IN POLITICS; United Nations; INTERNATIONAL MONETARY FUND; INTERNATIONALER WÄHRUNGSFONDS; Aid; Voting; IMFOrganisational unit
03716 - Sturm, Jan-Egbert / Sturm, Jan-Egbert
02525 - KOF Konjunkturforschungsstelle / KOF Swiss Economic Institute
Notes
First version May 2006, This version September 2006.More
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ETH Bibliography
yes
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