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The Political Economy of International Financial Institutions? Lending to Pakistan

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dc.creator Anwar, Mumtaz
dc.date 2005
dc.date.accessioned 2013-10-16T07:04:06Z
dc.date.available 2013-10-16T07:04:06Z
dc.date.issued 2013-10-16
dc.identifier http://hdl.handle.net/10419/19306
dc.identifier ppn:506531406
dc.identifier RePEc:zbw:hwwadp:338
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/19306
dc.description This paper analyzes the determinants of international financial institutions (IFIs)?s lending decisions to Pakistan. At the example of three major IFIs, the World Bank, IMF and ADB, this paper suggests that political economic factors, notably bureaucratic interest of international civil servants and major shareholders? economic interest belong to the most relevant determinants of international lending. Pooled Tobit estimation analysis for the period ever since when these institutions established their lending instruments to developing countries, confirm this hypothesis. Recipients? need is shown to have some relevance as well but not as strong as bureaucratic interest. Further analysis suggests that IDA and ADB lending is more interest oriented than lending by the IBRD and IMF.
dc.language eng
dc.publisher
dc.relation HWWA Discussion Paper 338
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject F35
dc.subject D70
dc.subject ddc:330
dc.subject Foreign aid
dc.subject International organizations
dc.subject bureaucracy
dc.subject Internationale Kreditvergabe
dc.subject Interessenpolitik
dc.subject Public Choice
dc.subject Ausländisch
dc.subject Pakistan
dc.title The Political Economy of International Financial Institutions? Lending to Pakistan
dc.type doc-type:workingPaper


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