Results 41 to 50 of about 207,728 (264)
IMF lending and geopolitics [PDF]
There is growing awareness that the distribution of IMF facilities may not be influenced only by the economic needs of the borrowers. This paper focuses on the fact that the IMF may favour geopolitically important countries in the distribution of IMF ...
Vauday, Julien, Reynaud, Julien
core
Explaining IMF Loan Conditionality: A Strategic Interaction Approach
What explains the substantial variation in the conditionality of loans provided by the Inter- national Monetary Fund (IMF)? In this paper, we reassess the empirical findings of a significant recent contribution to this debate, Caraway, Rickard, and Anner’
Peter Volberding
core +1 more source
ABSTRACT Balancing reliable energy supply, equitable access, and environmental sustainability is a central challenge of the global energy transition. This study examines how innovation influences the energy trilemma by shaping energy security, energy equity, and environmental sustainability across 115 countries from 2011 to 2023.
Kingsley Imandojemu +5 more
wiley +1 more source
IMF Surveillance and Financial Markets - A Political Economy Analysis [PDF]
The International Monetary Fund (IMF) is in the process of re-inventing itself with bilateral and multilateral surveillance emerging as a key function. The paper analyses how IMF surveillance announcements may be influenced by political power that member
Julien Reynaud, Marcel Fratzscher
core
ABSTRACT This study investigates the nexus between financial inclusion, institutional quality, and female labor force participation in sub‐Saharan Africa over the period 1990–2023. Using panel data for 43 countries and employing OLS, FGLS, and dynamic GMM estimators, the analysis examines whether access to financial institutions and financial markets ...
Joshua Chukwuma Onwe +3 more
wiley +1 more source
The Mussa Theorem (and Other Results on IMF-Induced Moral Hazard) [PDF]
Using a simple model of international lending, we show that as long as the IMF lends at an actuarially fair interest rate and debtor governments maximize the welfare of their taxpayers, any changes in policy effort, capital flows, or borrowing costs in ...
Jeromin Zettelmeyer, Olivier Jeanne
core
Effects of Development Finance on Energy Transitions and Green Growth in Sub‐Saharan Africa
ABSTRACT While global agendas promote energy transition and green growth, Africa south of the Sahara (SSA) struggles with low energy access, highlighting a development paradox between climate goals and energy poverty. By aligning aid and development finance with SDGs 7 and 13, we analyze whether development finance is at a crossroads in supporting ...
Clement Oteng +3 more
wiley +1 more source
This paper presents a principal-agent model of IMF conditional lending, in the aftermath of a "capital-account" liquidity crisis. We show that traditional ex-post conditonality can be effective in safeguarding the Fund's resources, allowing for the ...
Giulio Federico
core
ABSTRACT Given the persistent inequalities and economic disparities, the quest for inclusive growth has become more critical. Nevertheless, a substantial knowledge gap exists regarding the role of the digital economy and financial development in inclusive growth.
Sylvester Senyo Horvey +1 more
wiley +1 more source
ABSTRACT Projects are typically viewed as mechanisms for delivering products and services; however, this study examines projects from the distinct perspective of grand challenges (GCs). The selected case is the Ravi Riverfront Urban Development Project in Lahore, Pakistan—a grand challenge project (GCP).
Rehab Iftikhar, Syed Nayyer Abbas Kazmi
wiley +1 more source

