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Do the IMF and the World Bank influence voting in the UN General Assembly?

Authors :
Dreher, Axel
Sturm, Jan-Egbert
Source :
Public Choice; Apr2012, Vol. 151 Issue 1/2, p363-397, 35p, 12 Charts
Publication Year :
2012

Abstract

Using panel data for 188 countries over the 1970-2008 period, this paper analyzes empirically the influence of the IMF and the World Bank on voting patterns in the UN General Assembly. Countries receiving adjustment projects and larger non-concessional loans from the World Bank vote more frequently in line with the average G7 country. The same is true for countries obtaining non-concessional IMF programs. Regarding voting coincidence with the United States, World Bank non-concessional loans have a significant impact, while IMF loans do not. This overall pattern of results is robust to the choice of control variables and method of estimation. [ABSTRACT FROM AUTHOR]

Details

Language :
English
ISSN :
00485829
Volume :
151
Issue :
1/2
Database :
Complementary Index
Journal :
Public Choice
Publication Type :
Academic Journal
Accession number :
67691284
Full Text :
https://doi.org/10.1007/s11127-010-9750-2