Open access
Datum
2012-10Typ
- Working Paper
ETH Bibliographie
yes
Altmetrics
Abstract
We analyze the in uence of IMF and World Bank programs on political regime transitions. We develop an extended version of Acemoglu and Robinson's [American Economic Review 91, 2001] model of political transitions to show how the anticipation of new loans from international financial institutions can trigger political transitions which would not otherwise have taken place. We test this unexplored implication of the theory empirically. We find in a world sample from 1970 to 2002 that the anticipation of receiving new programs immediately after a political regime transition increases the probability of a transition from autocracy to democracy and reduces the probability of democratic survival. Mehr anzeigen
Persistenter Link
https://doi.org/10.3929/ethz-a-007554467Publikationsstatus
publishedZeitschrift / Serie
KOF Working PapersBand
Verlag
KOF Swiss Economic Institute, ETH ZurichThema
POLITISCHE REFORMEN + POLITISCHER WANDEL + REFORMPOLITIK (INNENPOLITIK); World Bank; Autocracy; Political transitions; AUTORITÄRE REGIME + MILITÄRDIKTATUREN + AUTOKRATISCHE REGIME (POLITIK); DEMOKRATIE (POLITIK); DEMOCRACY (POLITICS); AUTHORITARIAN REGIMES + MILITARY DICTATORSHIPS + AUTOCRATIC REGIMES (POLITICS); Democracy; INTERNATIONAL MONETARY FUND; INTERNATIONALER WÄHRUNGSFONDS; WELTBANK; POLITICAL REFORMS + POLITICAL TRANSITION + REFORM POLITICS (INTERNAL POLITICS); WORLD BANK; IMFOrganisationseinheit
03716 - Sturm, Jan-Egbert / Sturm, Jan-Egbert
02525 - KOF Konjunkturforschungsstelle / KOF Swiss Economic Institute
ETH Bibliographie
yes
Altmetrics