Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/37342 
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dc.contributor.authorGassebner, Martinen
dc.contributor.authorAidt, Tokeen
dc.contributor.authorAlbornoz, Facundoen
dc.date.accessioned2010-08-11T08:53:30Z-
dc.date.available2010-08-11T08:53:30Z-
dc.date.issued2010-
dc.identifier.urihttp://hdl.handle.net/10419/37342-
dc.description.abstractIn this paper we analyze the role of the IMF and the World Bank in triggering changes in the political regime, i.e., democracy and autocracy. We develop a theoretical model which predicts that anticipation of financial flows from international financial institutions may trigger political regime changes which would not take place otherwise. We test the implications of our model empirically and find support both for the role of perfectly foreseen IMF and World Bank programs and of the history of previous World Bank programs. The magnitude of these effects is not only statistically relevant but also of economic importance.en
dc.language.isoengen
dc.publisher|aVerein für Socialpolitik |cFrankfurt a. M.en
dc.relation.ispartofseries|aBeiträge zur Jahrestagung des Vereins für Socialpolitik 2010: Ökonomie der Familie - Session: Developing Countries and Globalization |xG4-V3en
dc.subject.jelO19en
dc.subject.jelF34en
dc.subject.jelF42en
dc.subject.ddc330en
dc.subject.keywordpolitical transitionsen
dc.subject.keyworddemocracyen
dc.subject.keywordautocracyen
dc.subject.keywordpolitical instabilityen
dc.titleThe Golden Halo and Political Transitions-
dc.typeConference Paperen
dc.identifier.ppn655935088en
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungenen

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