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2017 ◽  
Author(s):  
Stephen C. Nelson
Keyword(s):  
Quantitative Analysis ◽  
Large Sample ◽  
Quantitative Evidence ◽  
Shared Beliefs ◽  
Imf Programs ◽  
Economic Beliefs ◽  
The Imf

This chapter examines quantitative evidence linking shared economic beliefs to variation in the International Monetary Fund's (IMF) treatment of borrowers. It first discusses the measures of IMF treatment before turning to the (indirect) indicators of policymakers' economic beliefs that are then used to construct the key variable in the analysis: the ideational distance between the IMF and the borrowing country. It also evaluates data related to the generosity, conditionality, and enforcement of nearly 500 IMF programs signed in the 1980s and 1990s. The goal is to determine whether borrowing governments with policymakers who shared beliefs with the IMF received bigger loans, fewer conditions, and easier enforcement of the conditions. The results of quantitative analysis show that there is a pattern of favoritism in a large sample of the Fund programs.

Understanding the IMF and Its Borrowers

2017 ◽  
Author(s):  
Stephen C. Nelson
Keyword(s):  
Organizational Culture ◽  
Decision Makers ◽  
Shared Beliefs ◽  
Core Elements ◽  
Economic Beliefs ◽  
Conditional Lending ◽  
Loan Size ◽  
The Imf

This book examines the International Monetary Fund's (IMF) conditional lending, and particularly why each of the three core elements of its lending arrangements—the amount of credit granted to borrowing governments, the number of conditions attached to the loans, and the rigor with which the conditions are enforced—vary significantly. Drawing on both theory and evidence, it shows that shared economic beliefs strongly influence the character of the IMF's relations with its borrowers. The book argues that economic policymakers at both the international and domestic levels rely on shared economic beliefs for guidance in the presence of uncertainty, and that the IMF decision makers' neoliberal ideas are deeply embedded in the organizational culture. It also discusses three testable mechanisms linking shared beliefs to variations in loan size, conditionality, and enforcement. Finally, it explains how the IMF, through its conditional lending programs, influences who governs the economy.

scholarly journals Iris Hanika's Treffen Sich Zwei: Reception, Analysis and Interpretation

2021 ◽  
Author(s):  
◽  
Kerry Alistair Nitz
Keyword(s):  
Quantitative Analysis ◽  
Qualitative Approach ◽  
The Other ◽  
The Novel ◽  
Quantitative Evidence ◽  
Literary Context ◽  
Narrative Functions ◽  
The One ◽  
High Level ◽  
The Relationship

<p>Iris Hanika’s commercially and critically successful novel Treffen sich zwei makes use of several techniques in the characterisation of its protagonists. Many of its reviews focus on the author’s deliberate placement of links to a wider literary context. Their interest extends from questions of genre-mixing through to the identification of direct quotes from other authors’ works. The critical preoccupation with intertexts demonstrates their importance for the readers’ response to the novel. More specifically, certain reviews highlight the important role intertexts play in the characterisation of the protagonists. This study catalogues the intertexts, metaphors and parodies in Treffen sich zwei and, by means of quantitative analysis, identifies high-level patterns in the use of these techniques. In particular, patterns are identified between, on the one hand, the different narrative functions of the intertexts and, on the other hand, the different ways in which they are interwoven in the text. The data also shows that distinct patterns are associated with each of the two protagonists and that certain patterns change in the course of the novel in parallel with the changes in the relationship between them. This quantitative evidence is supported by a more detailed, qualitative approach, which examines how specific intertexts or metaphors are used for the purposes of characterisation. In addition, variations in voice are used to distinguish the two main protagonists in a manner consistent with the intertexts and metaphors. It is thanks to the combination of these techniques that the theme of meeting encapsulated in the title, Treffen sich zwei, is woven into the textual fabric of the novel.</p>

scholarly journals Tariffs and the textile trade between Brazil and Britain (1808-1860)

2021 ◽  
Vol 51 (2) ◽  
pp. 311-342
Author(s):  
Thales Augusto Zamberlan Pereira
Keyword(s):  
Nineteenth Century ◽  
Quantitative Analysis ◽  
Foreign Trade ◽  
Quantitative Information ◽  
Institutional Changes ◽  
Product Price ◽  
Quantitative Evidence ◽  
Qualitative And Quantitative ◽  
Textile Trade ◽  
Monetary Instability

Abstract The commercial treaty with Britain in 1810, along the authorization of foreign trade in ports in 1808, are among the most important institutional changes in nineteenth century Brazil. The 1810 treaty lowered tariffs for British manufactures while maintaining high tariffs in Britain for Brazilian sugar and coffee. These terms are generally viewed as disastrous for the Brazilian economy, although there is still limited quantitative information about how much the tariff affected the demand for British imports. This paper provides new qualitative and quantitative evidence on the operation and effect of Brazil’s imports tariffs in the period. I find that the effect of the tariffs is different from what traditional literature assumes. First, the monetary instability in the 1820s and conflicts over product price assessment often led the de facto tariff to be higher than the 15 percent established by the treaty. Second, even with higher rates, quantitative analysis shows they did not have decrease imports of British textiles.

Argentina and the IMF in Turbulent Times, 1976–1984

2017 ◽  
Author(s):  
Stephen C. Nelson
Keyword(s):  
International Monetary Fund ◽  
Sovereign Default ◽  
Military Junta ◽  
Turbulent Times ◽  
Economic Beliefs ◽  
The Military ◽  
The International Monetary Fund ◽  
Economic Policymaking ◽  
The Imf

This chapter examines Argentina's relationship with the International Monetary Fund (IMF) during the period 1976–1984. It tracks Argentina's engagement with the IMF from the arrival of a Fund mission soon after the military junta took power in 1976 through to the economic meltdown in the last months of 2001, which culminated in the withdrawal of IMF support for the country and the largest sovereign default in history to that point. The Argentina-IMF case is used to test the argument linking treatment of borrowers to shared economic beliefs. The chapter first provides an overview of economic policymaking in Argentina in 1976–1981 and in 1991–2001; economic policymaking in the latter period was dominated by neoliberals. It also compares the economic beliefs of neoliberals with those of structuralists and concludes with a discussion of the breakdown in Argentine-IMF relations.

Social capital and democracy in Russia

2000 ◽  
Vol 33 (2) ◽  
pp. 183-199 ◽  
Author(s):  
Christopher Marsh
Keyword(s):  
Social Capital ◽  
Quantitative Analysis ◽  
Positive Relationship ◽  
Quantitative Evidence ◽  
Qualitative And Quantitative ◽  
Strong Positive Relationship ◽  
Democratic Rule ◽  
The Relationship

The two basic objectives of this study are to determine whether or not Russia has stocks of social capital upon which to draw as it seeks to democratize, and to examine the nature of the relationship between social capital and democracy in Russia. I present both qualitative and quantitative evidence that social capital exists in many parts of Russia. After a quantitative analysis of social capital and democratization, which identifies a strong positive relationship, I suggest that if the center is able to sustain democracy, Russia should be able to consolidate democratic rule.

Quantitative analysis of the PtO structure during photocatalytic water splitting by operando XAFS

2017 ◽  
Vol 5 (39) ◽  
pp. 20631-20634 ◽  
Author(s):  
Yu Hang Li ◽  
Chunzhong Li ◽  
Hua Gui Yang
Keyword(s):  
Quantitative Analysis ◽  
Water Splitting ◽  
Active Site ◽  
Platinum Oxide ◽  
Photocatalytic Water Splitting ◽  
Quantitative Evidence ◽  
Structural Distortions

Operando XAFS provides quantitative evidence of structural distortions of platinum oxide as an active site during photocatalytic water splitting.

scholarly journals Iris Hanika's Treffen Sich Zwei: Reception, Analysis and Interpretation

2021 ◽  
Author(s):  
◽  
Kerry Alistair Nitz
Keyword(s):  
Quantitative Analysis ◽  
Qualitative Approach ◽  
The Other ◽  
The Novel ◽  
Quantitative Evidence ◽  
Literary Context ◽  
Narrative Functions ◽  
The One ◽  
High Level ◽  
The Relationship

<p>Iris Hanika’s commercially and critically successful novel Treffen sich zwei makes use of several techniques in the characterisation of its protagonists. Many of its reviews focus on the author’s deliberate placement of links to a wider literary context. Their interest extends from questions of genre-mixing through to the identification of direct quotes from other authors’ works. The critical preoccupation with intertexts demonstrates their importance for the readers’ response to the novel. More specifically, certain reviews highlight the important role intertexts play in the characterisation of the protagonists. This study catalogues the intertexts, metaphors and parodies in Treffen sich zwei and, by means of quantitative analysis, identifies high-level patterns in the use of these techniques. In particular, patterns are identified between, on the one hand, the different narrative functions of the intertexts and, on the other hand, the different ways in which they are interwoven in the text. The data also shows that distinct patterns are associated with each of the two protagonists and that certain patterns change in the course of the novel in parallel with the changes in the relationship between them. This quantitative evidence is supported by a more detailed, qualitative approach, which examines how specific intertexts or metaphors are used for the purposes of characterisation. In addition, variations in voice are used to distinguish the two main protagonists in a manner consistent with the intertexts and metaphors. It is thanks to the combination of these techniques that the theme of meeting encapsulated in the title, Treffen sich zwei, is woven into the textual fabric of the novel.</p>

Poverty, Inequality, and the International Monetary Fund: How Austerity Hurts the Poor and Widens Inequality

2021 ◽  
Vol 0 (0) ◽  
Author(s):  
Thomas Stubbs ◽  
Alexander Kentikelenis ◽  
Rebecca Ray ◽  
Kevin P. Gallagher
Keyword(s):  
International Monetary Fund ◽  
Developing World ◽  
International Level ◽  
Policy Reforms ◽  
The Poor ◽  
Original Dataset ◽  
Socio Economic Development ◽  
Imf Programs ◽  
The International Monetary Fund ◽  
The Imf

Abstract Among the drivers of socio-economic development, this article focuses on an important yet insufficiently understood international-level determinant: the spread of austerity policies to the developing world by the International Monetary Fund (IMF). In offering loans to developing countries in exchange for policy reforms, the IMF typically sets the fiscal parameters within which development occurs. Using an original dataset of IMF-mandated austerity targets, we examine how policy reforms prescribed in IMF programs affect inequality and poverty. Our empirical analyses span a panel of up to 79 countries for the period 2002–2018. Using instrumentation techniques, we control for the possibility that these relationships are driven by the IMF imposing harsher austerity measures precisely in countries with more problematic economies. Our findings show that stricter austerity is associated with greater income inequality for up to two years, and that this effect is driven by concentrating income to the top 10% of earners while all other deciles lose out. We also find that stricter austerity is associated with higher poverty headcounts and poverty gaps. Taken together, our findings suggest that the IMF neglects the multiple ways its own policy advice contributed to social inequity in the developing world.

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