Compliance, defiance, and the dependency trap: International Monetary Fund program interruptions and their impact on capital markets

Does a country’s abuse of human rights influence its ability to get a loan from the International Monetary Fund? We examine whether human rights conditions matter for the likelihood that a country participates in an International Monetary Fund program. We argue that human rights conditions are unlikely to be enough by themselves to influence International Monetary Fund decision-making; there are simply too many countries with poor human rights conditions that are under economic distress. Instead, it is the publicity and information that human rights organizations provide about countries that reduce the likelihood of International Monetary Fund program participation. We test the implications of this reasoning in a global analysis from 1990 to 2009 using an accepted model of International Monetary Fund program participation. We find much support for our hypothesis. We further demonstrate that it is those countries closer to the United States that are most likely to have human rights organization information reduce their likelihood of International Monetary Fund program participation.

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International capital markets: Developments and prospects. By M. Allen et al. (Washington, International Monetary Fund, 1989, pp.138, US $15.00.)

Journal of International Development ◽

10.1002/jid.3380020319 ◽

1990 ◽

Vol 2 (3) ◽

pp. 438-439

Author(s):

Richard Kitchen

Keyword(s):

International Monetary Fund ◽

Capital Markets ◽

International Capital ◽

International Capital Markets

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Der Aufschwung des Katastrophen-Kapitalismus

PROKLA Zeitschrift für kritische Sozialwissenschaft ◽

10.32387/prokla.v36i143.556 ◽

2006 ◽

Vol 36 (143) ◽

pp. 177-183

Author(s):

Naomi Klein

Keyword(s):

Natural Disaster ◽

International Monetary Fund ◽

Bush Administration ◽

The Us ◽

Us Government ◽

The International Monetary Fund

Fitting to its doctrine of preventiv war, the Bush Administration founded a bureau of reconstruction, designing reconstruction plans for countries which are still not destroyed. Reconstruction after war or after a “natural disaster” developed to a profitable branch of capitalist investment. Also the possibilities to change basic political and economic structures are high and they are widely used by the US-government and institutions like the International Monetary Fund.

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Forming Sources of Long-run Growth: How to Understand Them?

Voprosy Ekonomiki ◽

10.32609/0042-8736-2014-3-4-20 ◽

2014 ◽

pp. 4-20 ◽

Cited By ~ 10

Author(s):

G. Idrisov ◽

S. Sinelnikov-Murylev

Keyword(s):

Economic Growth ◽

Growth Rate ◽

Economic Policy ◽

Business Cycle ◽

Capital Markets ◽

Productivity Growth ◽

Government Spending ◽

Long Run ◽

Accelerate Growth ◽

Budget Institutions

The paper analyzes the inconsequence and problems of Russian economic policy to accelerate economic growth. The authors consider three components of growth rate (potential, Russian business cycle and world business cycle components) and conclude that in order to pursue an effective economic policy to accelerate growth, it has to be addressed to the potential (long-run) growth component. The main ingredients of this policy are government spending restructuring and budget institutions reform, labor and capital markets reforms, productivity growth.

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