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Barriers to Capital Accumulation and the Incidence of Child Labor

Barriers to Capital Accumulation and the Incidence of Child Labor »

Source: Barriers to Capital Accumulation and the Incidence of Child Labor

Volume/Issue: 2005/220

Series: IMF Working Papers

Author(s): Marco Espinosa-Vega , and Richard Barnett

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 November 2005

ISBN: 9781451862393

Keywords: Barriers to Capital Accumulation, Child Labor, child labour, child workers, Macroeconomic Analyses of Economic Development, Time Allocation, Work Behavior, Employment Determination And Creation,

The World Bank documents an inverse relationship between GDP per capita and child labor participation rates. We construct a life-cycle model with human and physical capital in which parents make a time allocation c...

Can Public Discussion Enhance Program Ownership?

Can Public Discussion Enhance Program Ownership? »

Source: Can Public Discussion Enhance Program Ownership?

Volume/Issue: 2004/163

Series: IMF Working Papers

Author(s): Peter Isard , and Allan Drazen

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2004

ISBN: 9781451857962

Keywords: Ownership, deliberative democracy, cheap talk, interest groups, voting, political science, democratic values, Models of Political Processes: Rent-seeking, Elections, Legislatures

We use the concepts of deliberative democracy from political science and cheap talk from economics to develop a better understanding of how public discussion can contribute to building and demonstrating ownership o...

Cooption and Repression in the Soviet Union

Cooption and Repression in the Soviet Union »

Source: Cooption and Repression in the Soviet Union

Volume/Issue: 2000/201

Series: IMF Working Papers

Author(s): Hershel Grossman , and Dmitry Gershenson

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2000

ISBN: 9781451874341

Keywords: Cooption, Repression, Soviet Union, Communist Party, Nomenklatura, party membership, united nations, political repression, political power

The Soviet ruling elite, the nomenklatura, used both cooption and political repression to encourage loyalty to the communist regime. Loyalty was critical both in defusing internal opposition to the rule of the nome...

Corruption Around the World

Corruption Around the World »

Source: Corruption Around the World : Causes, Consequences, Scope, and Cures

Volume/Issue: 1998/63

Series: IMF Working Papers

Author(s): Vito Tanzi

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 1998

ISBN: 9781451848397

Keywords: role of state, regulations, bribes, wages, salaries, wage, bribe

Corruption is attracting a lot of attention around the world. The paper surveys and discusses issues related to the causes, consequences, and scope of corruption and possible corrective actions. It emphasizes the c...

Corruption, Competition, and Contracts

Corruption, Competition, and Contracts »

Source: Corruption, Competition, and Contracts : A Model of Vote Buying

Volume/Issue: 2006/11

Series: IMF Working Papers

Author(s): Felix Vardy , and John Morgan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2006

ISBN: 9781451862713

Keywords: Vote buying, lobbying, elections, voters, voter, voting, interest groups, interest group, Models of Political Processes: Rent-seeking, Legislatures

In the presence of competing interest groups, this paper examines how the form of votebuying contracts affects policy outcomes. We study contracts contingent upon individual votes, policy outcomes, and/or vote shar...

Corruption, Governmental Activities, and Markets1/

Corruption, Governmental Activities, and Markets1/ »

Source: Corruption, Governmental Activities, and Markets

Volume/Issue: 1994/99

Series: IMF Working Papers

Author(s): Vito Tanzi

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 1994

ISBN: 9781451852202

Keywords: civil servants, public choice, free press, public interest

Paper discusses the factors that contribute to the spread of corruption as well as the implications of corruption for markets and for public sector activities. It is argued that corruption can be contained mainly b...

Do IMF Programs Improve Economic Governance?

Do IMF Programs Improve Economic Governance? »

Source: Do IMF Programs Improve Economic Governance?

Volume/Issue: 2008/114

Series: IMF Working Papers

Author(s): Jiro Honda

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2008

ISBN: 9781451869743

Keywords: Economic governance, IMF program, government effectiveness, governance indicators, good governance, dummy variables, governance indicator,

This paper examines the effects of IMF financial assistance on economic governance in developing countries, based on panel data analyses of perceived governance indicators. It uses a two-stage approach to address p...

Dynamic Incentives and the Optimal Delegation of Political Power

Dynamic Incentives and the Optimal Delegation of Political Power »

Source: Dynamic Incentives and the Optimal Delegation of Political Power

Volume/Issue: 2007/91

Series: IMF Working Papers

Author(s): Eric Le Borgne , and Gauti Eggertsson

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2007

ISBN: 9781451866551

Keywords: Delegation, Elections, Career Concerns, Learning-by-doing, Insulation, public opinion, inflation, central bank, monetary policy, political economy

This paper proposes a theory to explain why a politician delegates policy tasks to a technocrat in an independent institution. It formalizes the rationales for delegation highlighted by Hamilton (1788) and by Blind...

Exchange Rate Assessment for Oil Exporters

Exchange Rate Assessment for Oil Exporters »

Source: Exchange Rate Assessment for Oil Exporters

Volume/Issue: 2009/81

Series: IMF Working Papers

Author(s): Klaus-Stefan Enders

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 April 2009

ISBN: 9781451872286

Keywords: Exchange rate, current account, real exchange, government spending, real exchange rate,

While the underlying methodologies continue to be widely debated and refined, there is little consensus on how to assess the equilibrium exchange rate of economies dominated by production of finite natural resource...

Ghana

Ghana »

Source: Ghana : Will it Be Gifted or Will it Be Cursed?

Volume/Issue: 2011/104

Series: IMF Working Papers

Author(s): Burcu Aydin

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2011

ISBN: 9781455260393

Keywords: growth, resource-rich, panel data, unit root, panel unit root test, individual effects, exogenous variables, lag length, Multiple or Simultaneous Equation Models: Models with Panel Data, Economic Development: General,

Will Ghana's oil production from 2011 accelerate progress toward middle-income status, or will it retard gains in living standards through a possible "resource curse"? This paper examines the likelihood of "resourc...