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Determinants of IMF lending: How different is Sub-Saharan Africa?

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  • Doris A. Oberdabernig

    (World Trade Institute, University of Bern)

Abstract

The initiation of IMF agreements in Sub-Saharan Africa (SSA) follows an inherently different process than in other regions. While economic conditions explain part of the difference in lending decisions, some economic but also political factors have systematically different effects on IMF lending in SSA. Studies that account for selection into IMF programs should take this into account in order to increase the reliability of their findings.

Suggested Citation

  • Doris A. Oberdabernig, 2018. "Determinants of IMF lending: How different is Sub-Saharan Africa?," Economics Bulletin, AccessEcon, vol. 38(1), pages 136-145.
    • Handle: RePEc:ebl:ecbull:eb-17-00333
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    References listed on IDEAS

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    More about this item

    Keywords

    IMF lending programs; Sub-Saharan Africa; Bayesian logit models; Blinder-Oaxaca decomposition;
    All these keywords.

    JEL classification:

    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • C5 - Mathematical and Quantitative Methods - - Econometric Modeling

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