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Turkey and the IMF: A case study in the political economy of policy implementation

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  • Ozlem Arpac
  • Graham Bird

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  • Ozlem Arpac & Graham Bird, 2009. "Turkey and the IMF: A case study in the political economy of policy implementation," The Review of International Organizations, Springer, vol. 4(2), pages 135-157, June.
    • Handle: RePEc:spr:revint:v:4:y:2009:i:2:p:135-157
    DOI: 10.1007/s11558-008-9051-4
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    References listed on IDEAS

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    1. Allan Drazen, 2002. "Conditionality and Ownership in IMF Lending: A Political Economy Approach," IMF Staff Papers, Palgrave Macmillan, vol. 49(Special i), pages 36-67.
    2. Wolfgang Mayer & Alex Mourmouras, 2004. "IMF Conditionality and the Theory of Special Interest Politics1," Comparative Economic Studies, Palgrave Macmillan;Association for Comparative Economic Studies, vol. 46(3), pages 400-422, September.
    3. Polak, J.J., 1991. "The Changing Nature of IMF Conditionality," Princeton Studies in International Economics 184, International Economics Section, Departement of Economics Princeton University,.
    4. Wolfgang Mayer & Alex Mourmouras, 2008. "IMF conditionality: An approach based on the theory of special interest politics," The Review of International Organizations, Springer, vol. 3(2), pages 105-121, June.
    5. Edwards, Sebastian, 1989. "The international monetary fund and the developing countries: A critical evaluation," Carnegie-Rochester Conference Series on Public Policy, Elsevier, vol. 31(1), pages 7-68, January.
    6. Axel Dreher, 2003. "The influence of elections on IMF programme interruptions," Journal of Development Studies, Taylor & Francis Journals, vol. 39(6), pages 101-120.
    7. Sebastian Edwards, 1989. "The International Monetary Fund and the Developing Countries: A Critical Evaluation," NBER Working Papers 2909, National Bureau of Economic Research, Inc.
    8. Mr. Mohsin S. Khan & Mr. Sunil Sharma, 2001. "IMF Conditionality and Country Ownership of Programs," IMF Working Papers 2001/142, International Monetary Fund.
    9. Akyuz, Yilmaz & Boratav, Korkut, 2003. "The Making of the Turkish Financial Crisis," World Development, Elsevier, vol. 31(9), pages 1549-1566, September.
    10. Jacques J. Polak, 1991. "The Changing Nature of IMF Conditionality," OECD Development Centre Working Papers 41, OECD Publishing.
    11. Joseph P. Joyce, 2006. "Promises Made, Promises Broken: A Model Of Imf Program Implementation," Economics and Politics, Wiley Blackwell, vol. 18(3), pages 339-365, November.
    12. Arpac, Ozlem & Bird, Graham & Mandilaras, Alex, 2008. "Stop Interrupting: An Empirical Analysis of the Implementation of IMF Programs," World Development, Elsevier, vol. 36(9), pages 1493-1513, September.
    13. Drazen, Allan, 2002. "Conditionality and Ownership in IMF Lending: A Political Economy Approach," CEPR Discussion Papers 3562, C.E.P.R. Discussion Papers.
    14. Pritchett, Lant, 1996. "Measuring outward orientation in LDCs: Can it be done?," Journal of Development Economics, Elsevier, vol. 49(2), pages 307-335, May.
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    Cited by:

    1. Mirko Heinzel & Andrea Liese, 2021. "Managing performance and winning trust: how World Bank staff shape recipient performance," The Review of International Organizations, Springer, vol. 16(3), pages 625-653, July.
    2. Reinsberg, Bernhard & Kern, Andreas & Rau-Göhring, Matthias, 2021. "The political economy of IMF conditionality and central bank independence," European Journal of Political Economy, Elsevier, vol. 68(C).
    3. ., 2016. "Introduction and overview: the purposes and operations of the IMF," Chapters, in: The International Monetary Fund, chapter 1, pages 1-18, Edward Elgar Publishing.
    4. Güner, Z. Nuray & Önder, Zeynep, 2022. "Bank affiliation and discounts on closed-end funds," International Review of Financial Analysis, Elsevier, vol. 83(C).
    5. Göver, Zeki Tuğrul, 2018. "The Effects of the IMF’s Quota and Governance Reforms on Turkey," Bulletin of Economic Theory and Analysis, BETA Journals, vol. 3(1), pages 1-34, March.
    6. Rau-Goehring, Matthias & Reinsberg, Bernhard & Kern, Andreas, 2020. "The role of IMF conditionality for central bank independence," Working Paper Series 2464, European Central Bank.
    7. Ruxanda Berlinschi, 2010. "Reputation concerns in aid conditionality," The Review of International Organizations, Springer, vol. 5(4), pages 433-459, December.
    8. Gül Berna Özcan & Umut Gündüz, 2015. "Energy privatisations, business-politics connections and governance under political Islam," Environment and Planning C, , vol. 33(6), pages 1714-1737, December.
    9. Kern, Andreas & Reinsberg, Bernhard & Rau-Göhring, Matthias, 2019. "IMF conditionality and central bank independence," European Journal of Political Economy, Elsevier, vol. 59(C), pages 212-229.
    10. Reinsberg, Bernhard & Kern, Andreas & Rau-Goehring, Matthias, 2021. "Transforming ‘sympathetic interlocutors’ into veto players," Working Paper Series 2518, European Central Bank.

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    More about this item

    Keywords

    IMF programs; Conditionality; Implementation; Turkey; Political economy of implementation; F33; E61; E65;
    All these keywords.

    JEL classification:

    • F33 - International Economics - - International Finance - - - International Monetary Arrangements and Institutions
    • E61 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Policy Objectives; Policy Designs and Consistency; Policy Coordination
    • E65 - Macroeconomics and Monetary Economics - - Macroeconomic Policy, Macroeconomic Aspects of Public Finance, and General Outlook - - - Studies of Particular Policy Episodes

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