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Middle East and Central Asia > Mauritania, Islamic Republic of

You are looking at 1 - 3 of 3 items for :

  • Type: Journal Issue x
  • Political Economy x
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Cover IMF Working Papers
Institutional Transformations, Polity and Economic Outcomes: Testing the North-Wallis-Weingast Doorsteps Framework
Mr. Marc G Quintyn
and
Sophia Gollwitzer
This paper tests the theoretical framework developed by North, Wallis and Weingast (2009) on the transition from closed to open access societies. They posit that societies need to go through three doorsteps: (i) the establishment of rule of law among elites; (ii) the adoption of perpetually existing organizations; and (iii) the political control of the military. We identify indicators reflecting these doorsteps and graphically test the correlation between them and a set of political and economic variables. Finally, through Identification through Heteroskedasticity we test these relationships econometrically. The paper broadly confirms the logic behind the doorsteps as necessary steps in the transition to open access societies. The doorsteps influence economic and political processes, as well as each other, with varying intensity. We also identify income inequality as a potentially important force leading to social change.
Keywords:
WP; open access order; government expenditure; political system; Gini coefficient; NWW transition framework; institutions; economic performance; political performance; transition; income inequality; open access society; Income inequality; Personal income; Corruption; Europe; Asia and Pacific
Cover Policy Papers
Report on the Incidence of Longer-Term Program Engagement
International Monetary Fund
Longer-term program engagement (LTPE) occurs when a member has spent at least seven of the past 10 years under Fund-supported financial arrangements. In response to the Executive Board’s request for periodic updates on the incidence of LTPEs, this is the twelfth such report and provides information through June 22, 2011.
Keywords:
article IV discussion; EPA update; Longer-term program engagement; EPA requirement; LTPE definition
Cover Policy Papers
Conclusions of the Task Force on Prolonged Use of Fund Resources - Modifications in Light of Initial Executive Board Discussion
International Monetary Fund
NULL
Keywords:
PP; Fund; Fund resource; financial support; task force; IEO report; Fund financial support; Fund-supported program; signaling role; IMF's Independent Evaluation Office; Strategic planning for revenue administration; International capital markets; Foreign direct investment; Global; Sub-Saharan Africa