Items related to The IMF and Economic Development
Why do governments turn to the International Monetary Fund (IMF) and with what effects? In this book, James Vreeland examines this question by analyzing cross-national time-series data from throughout the world. Vreeland argues that governments enter into IMF programs for economic and political reasons, and he finds that the programs hurt economic growth and redistribute income upward. By bringing in the IMF, governments gain political leverage - via conditionality - to push through unpopular policies. For certain constituencies, these policies dampen the effects of bad economic performance by redistributing income. But IMF programs doubly hurt others who are less well off: They lower growth and exacerbate income inequality.
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Why do governments turn to the International Monetary Fund (IMF) and with what effects? This book argues that governments enter IMF programs for economic and political reasons, and finds that the effects are negative on economic growth and income distribution. By bringing in the IMF, governments gain political leverage-via conditionality-to push through unpopular policies. For certain constituencies, these policies dampen the effects of bad economic performance by redistributing income. But IMF programs doubly hurt the least well off in society: they lower growth and shift the income distribution upward.
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"The most important book on the effects of programs on the economic growth experiences of developing countries." Perspective on Political Science
"This monograph by political scientist Vreeland should be of great interest to political scientists, international relations specialists, and economists. The book makes important contributions in its content and accessibility.... Highly recommended." Choice
"This monograph by political scientist Vreeland should be of great interest to political scientists, international relations specialists, and economists. The book makes important contributions in its content and accessibility.... Highly recommended." Choice
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- PublisherCambridge University Press
- Publication date2003
- ISBN 10 0521816750
- ISBN 13 9780521816755
- BindingHardcover
- Number of pages216
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Book Description Gebunden. Condition: New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. This book argues that governments enter IMF programs for economic and political reasons, and finds that the effects are negative. For certain constituencies, IMF policies dampen the effects of bad economic performance by redistributing income. But IMF progr. Seller Inventory # 446948573
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