Does membership on the UN security council influence IMF decisions?
- Working Paper
Rights / licenseIn Copyright - Non-Commercial Use Permitted
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
Journal / seriesKOF Working Papers
PublisherKOF Swiss Economic Institute, ETH Zurich
SubjectENTSCHEIDUNGSFINDUNG IN DER POLITIK; Nations Unies; Vereinte Nationen; UN Security Council; DECISION-MAKING IN POLITICS; United Nations; INTERNATIONAL MONETARY FUND; INTERNATIONALER WÄHRUNGSFONDS; Aid; Voting; IMF
Organisational unit03716 - Sturm, Jan-Egbert / Sturm, Jan-Egbert
02525 - KOF Konjunkturforschungsstelle / KOF Swiss Economic Institute
NotesFirst version May 2006, This version September 2006.
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