Arbeitspapier

Does membership on the UN security council influence IMF decisions? Evidence from panel data

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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.

Language: Englisch

Bibliographic citation: Series: KOF Working Papers ; No. 151

Classification: Wirtschaft
International Monetary Arrangements and Institutions

Subject: IMF
UN Security Council
Voting
Aid

Event: Geistige Schöpfung

(who): Dreher, Axel
Sturm, Jan-Egbert
Vreeland, James Raymond

Event: Veröffentlichung

(who): ETH Zurich, KOF Swiss Economic Institute

(where): Zurich

(when): 2006

DOI: doi:10.3929/ethz-a-005277576

Handle: http://hdl.handle.net/10419/50824

Last update: 10.03.2025, 11:41 AM CET

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Object type

Arbeitspapier

Associated

Dreher, Axel
Sturm, Jan-Egbert
Vreeland, James Raymond
ETH Zurich, KOF Swiss Economic Institute

Time of origin

2006

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