Vreeland, James Raymond, 1971-

The IMF and economic developmentJames Raymond Vreeland. - New York : Cambridge University Press, (c)2003. - 1 online resource (xii, 203 pages) : illustrations.

Includes bibliographies and index.

Introduction -- Analytically Significant Cases -- An Analytical Approach to the Politics of IMF Agreements -- Testing the Selection Story -- The Effect of IMF Programs on Economic Growth -- Distributional Consequences of IMF Programs -- Conclusions -- Variables Used in This Study -- Country-Years in Samples.

"Why do governments turn to the International Monetary Fund (IMF) and with what effects? In this book, James Raymond Vreeland examines this question by analyzing cross-national time-series data from throughout the world. Vreeland argues that governments enter into IMF programs for economic and political reasons, and he finds that the programs hurt economic growth and redistribute income upward. By bringing in the IMF, governments gain political leverage - via conditionality - to push through unpopular policies. For certain constituencies, these policies dampen the effects of bad economic performance by redistributing income. But IMF programs hurt doubly the least well-off in society: They lower growth and exacerbate income inequality."--BOOK JACKET.



9781107321526


International Monetary Fund.


Economic assistance.
Economic policy.


Electronic Books.

HG3881 / .I443 2003