Konferenzbeitrag

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: Proceedings of the German Development Economics Conference, Göttingen 2007 ; No. 4

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)
Verein für Socialpolitik, Ausschuss für Entwicklungsländer
(where)
Göttingen
(when)
2007

Handle
Last update
10.03.2025, 11:44 AM CET

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Object type

  • Konferenzbeitrag

Associated

  • Dreher, Axel
  • Sturm, Jan-Egbert
  • Vreeland, James Raymond
  • Verein für Socialpolitik, Ausschuss für Entwicklungsländer

Time of origin

  • 2007

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