Crisis, Conditions, and Capital

  title={Crisis, Conditions, and Capital},
  author={N. Jensen},
  journal={Journal of Conflict Resolution},
  pages={194 - 210}
  • N. Jensen
  • Published 2004
  • Economics
  • Journal of Conflict Resolution
  • A selection model for 68 countries between 1970 and 1998 is used to test the impact of International Monetary Fund(IMF) programs on international capital markets and examine how agreements are perceived by multinational investors. Results reveal that even after controlling for the factors that lead countries to seek IMF support, IMF agreements lead to lower levels of foreign direct investment (FDI). Countries that sign IMF agreements, ceteris paribus, attract 25% less FDI inflows than countries… CONTINUE READING

    Tables from this paper.

    The Impact of IMF-Supported Programs on FDI in Low-Income Countries
    • 1
    • PDF
    IMF and Economic Growth: The Effects of Programs, Loans, and Compliance with Conditionality
    • 356
    • PDF
    The Analysis of Catalysis: IMF Programs and Private Capital Flows
    • 5
    • Highly Influenced