Resource title

The Contribution of the IMF and the World Bank to Economic Freedom

Resource image

image for OpenScout resource :: The Contribution of the IMF and the World Bank to Economic Freedom

Resource description

We analyse the effect of IMF and World Bank policies on the composite index of economic freedom by Gwartney et al. (2000) as well as its sub-indexes, using a panel of 85 countries observed between 1970 and 1997. With respect to the Bank, we find that the number of projects has a positive impact on overall economic freedom, while the effect of the amount of World Bank credits is negative. These effects are stronger during the 1990s than in earlier periods. There is no clear relationship between credits and programs of the IMF and economic freedom.

Resource author

Bernhard Boockmann, Axel Dreher

Resource publisher

Resource publish date

Resource language

eng

Resource content type

text/html

Resource resource URL

http://hdl.handle.net/10419/24788

Resource license

Adapt according to the presented license agreement and reference the original author.