How do geopolitical interests affect financial markets reaction to international institution projects?
Author
Abstract
Suggested Citation
Download full text from publisher
Other versions of this item:
- Hugo Oriola & Jamel Saadaoui, 2025. "How do geopolitical interests affect financial markets reaction to international institution projects?," EconomiX Working Papers 2025-3, University of Paris Nanterre, EconomiX.
References listed on IDEAS
- Vreeland,James Raymond, 2003.
"The IMF and Economic Development,"
Cambridge Books,
Cambridge University Press, number 9780521016957, January.
- Vreeland,James Raymond, 2003. "The IMF and Economic Development," Cambridge Books, Cambridge University Press, number 9780521816755, January.
- Axel Dreher & Andreas Fuchs, 2015.
"Rogue aid? An empirical analysis of China's aid allocation,"
Canadian Journal of Economics, Canadian Economics Association, vol. 48(3), pages 988-1023, August.
- Axel Dreher & Andreas Fuchs, 2015. "Rogue aid? An empirical analysis of China's aid allocation," Canadian Journal of Economics/Revue canadienne d'économique, John Wiley & Sons, vol. 48(3), pages 988-1023, August.
- Stephanie J. Rickard & Teri L. Caraway, 2019. "International demands for austerity: Examining the impact of the IMF on the public sector," The Review of International Organizations, Springer, vol. 14(1), pages 35-57, March.
- Axel Dreher & Matthew Gould & Matthew Rablen & James Vreeland, 2014.
"The determinants of election to the United Nations Security Council,"
Public Choice, Springer, vol. 158(1), pages 51-83, January.
- Axel Dreher & Matthew Gould & Matthew Rablen & James Raymond Vreeland, 2012. "The Determinants of Election to the United Nations Security Council," CESifo Working Paper Series 3902, CESifo.
- Axel Dreher & Matthew Gould & Matthew D. Rablen & James Raymond Vreeland, 2012. "The Determinants of Election to the United Nations Security Council," CEDI Discussion Paper Series 12-09, Centre for Economic Development and Institutions(CEDI), Brunel University.
- Christopher Kilby, 2011.
"Informal influence in the Asian Development Bank,"
The Review of International Organizations, Springer, vol. 6(3), pages 223-257, September.
- Christopher Kilby, 2010. "Informal influence in the Asian Development Bank," Villanova School of Business Department of Economics and Statistics Working Paper Series 13, Villanova School of Business Department of Economics and Statistics.
- Valentin Lang, 2021. "The economics of the democratic deficit: The effect of IMF programs on inequality," The Review of International Organizations, Springer, vol. 16(3), pages 599-623, July.
- Maria Perrotta Berlin & Raj M. Desai & Anders Olofsgård, 2023.
"Trading favors? UN Security Council membership and subnational favoritism in aid recipients,"
The Review of International Organizations, Springer, vol. 18(2), pages 237-258, April.
- Perrotta Berlin, Maria & Olofsgård, Anders & M. Desai, Raj, 2022. "Trading Favors- UN Security Council Membership and Subnational Favoritism in Aid Recipients," SITE Working Paper Series 57, Stockholm School of Economics, Stockholm Institute of Transition Economics.
- Berlin, Maria Perrotta & Desai, Raj M. & Olofsgård, Anders, 2022. "Trading Favors? UN Security Council Membership and Subnational Favoritism in Aid Recipients," Misum Working Paper Series 2022-7, Stockholm School of Economics, Mistra Center for Sustainable Markets (Misum).
- Vreeland,James Raymond & Dreher,Axel, 2014.
"The Political Economy of the United Nations Security Council,"
Cambridge Books,
Cambridge University Press, number 9780521518413, January.
- Vreeland,James Raymond & Dreher,Axel, 2014. "The Political Economy of the United Nations Security Council," Cambridge Books, Cambridge University Press, number 9780521740067, January.
- Dreher, Axel, 2006.
"IMF and economic growth: The effects of programs, loans, and compliance with conditionality,"
World Development, Elsevier, vol. 34(5), pages 769-788, May.
- Axel Dreher, 2004. "IMF and Economic Growth: The Effects of Programs, Loans, and Compliance with Conditionality," International Finance 0404004, University Library of Munich, Germany, revised 13 Aug 2005.
- Axel Dreher, 2004. "IMF and Economic Growth: The Effects of Programs, Loans, and Compliance with Conditionality," TWI Research Paper Series 1, Thurgauer Wirtschaftsinstitut, Universität Konstanz.
- Dreher, Axel, 2005. "IMF and Economic Growth: The Effects of Programs, Loans, and Compliance with Conditionality," Proceedings of the German Development Economics Conference, Kiel 2005 11, Verein für Socialpolitik, Research Committee Development Economics.
- Richard Clark & Lindsay R. Dolan, 2021. "Pleasing the Principal: U.S. Influence in World Bank Policymaking," American Journal of Political Science, John Wiley & Sons, vol. 65(1), pages 36-51, January.
- Axel Dreher, 2009.
"IMF conditionality: theory and evidence,"
Public Choice, Springer, vol. 141(1), pages 233-267, October.
- Axel Dreher, 2008. "IMF Conditionality: Theory and Evidence," KOF Working papers 08-188, KOF Swiss Economic Institute, ETH Zurich.
- Mosler, Martin & Potrafke, Niklas, 2020.
"International political alignment during the Trump presidency: voting at the UN general assembly,"
EconStor Open Access Articles and Book Chapters, ZBW - Leibniz Information Centre for Economics, vol. 46(3), pages 481-497.
- Martin Mosler & Niklas Potrafke, 2020. "International political alignment during the Trump presidency: voting at the UN general assembly," International Interactions, Taylor & Francis Journals, vol. 46(3), pages 481-497, May.
- Martin Mosler & Niklas Potrafke, 2020. "International Political Alignment during the Trump Presidency: Voting at the UN General Assembly," CESifo Working Paper Series 8063, CESifo.
- Martin Mosler & Niklas Potrafke, 2020. "International Political Alignment during the Trump Presidency: Voting at the UN General Assembly," ifo Working Paper Series 320, ifo Institute - Leibniz Institute for Economic Research at the University of Munich.
- Mosler, Martin & Potrafke, Niklas, 2020. "International political alignment during the Trump presidency:voting at the UN general assembly," Munich Reprints in Economics 84768, University of Munich, Department of Economics.
- Axel Dreher & Jan-Egbert Sturm & James Raymond Vreeland, 2015.
"Politics and IMF Conditionality,"
Journal of Conflict Resolution, Peace Science Society (International), vol. 59(1), pages 120-148, February.
- Jan-Egbert Sturm & Axel Dreher & James R. Vreeland, 2013. "Politics and IMF Conditionality," KOF Working papers 13-338, KOF Swiss Economic Institute, ETH Zurich.
- Axel Dreher & Jan-Egbert Sturm & James Raymond Vreeland, 2013. "Politics and IMF Conditionality," CESifo Working Paper Series 4308, CESifo.
- Jan‐Egbert Sturm & Helge Berger & Jakob De Haan, 2005.
"Which Variables Explain Decisions On Imf Credit? An Extreme Bounds Analysis,"
Economics and Politics, Wiley Blackwell, vol. 17(2), pages 177-213, July.
- Sturm, Jan-Egbert & Berger, Helge & de Haan, Jakob, 2004. "Which variables explain decisions on IMF credit? An extreme bounds analysis," Discussion Papers 2004/15, Free University Berlin, School of Business & Economics.
- Jong-Wha Lee & Kwanho Shin, 2010.
"Exchange Rate Regimes and Economic Linkages,"
International Economic Journal, Taylor & Francis Journals, vol. 24(1), pages 1-23.
- Jong-Wha Lee & Kwanho Shin, 2004. "Exchange Rate Regimes and Economic Linkages," International Finance 0409006, University Library of Munich, Germany.
- Dreher, Axel & Jensen, Nathan M, 2007. "Independent Actor or Agent? An Empirical Analysis of the Impact of U.S. Interests on International Monetary Fund Conditions," Journal of Law and Economics, University of Chicago Press, vol. 50(1), pages 105-124, February.
- Alexander E. Kentikelenis & Thomas H. Stubbs & Lawrence P. King, 2016. "IMF conditionality and development policy space, 1985–2014," Review of International Political Economy, Taylor & Francis Journals, vol. 23(4), pages 543-582, July.
- Mike Callaghan & Paul Hubbard, 2016. "The Asian Infrastructure Investment Bank : Multilateralism on the Silk Road," Development Economics Working Papers 25355, East Asian Bureau of Economic Research.
- Mike Callaghan & Paul Hubbard, 2016. "The Asian Infrastructure Investment Bank: Multilateralism on the Silk Road," China Economic Journal, Taylor & Francis Journals, vol. 9(2), pages 116-139, May.
- Przeworski, Adam & Vreeland, James Raymond, 2000. "The effect of IMF programs on economic growth," Journal of Development Economics, Elsevier, vol. 62(2), pages 385-421, August.
- Bird, Graham, 2001. "IMF Programs: Do They Work? Can They be Made to Work Better?," World Development, Elsevier, vol. 29(11), pages 1849-1865, November.
- Barro, Robert J. & Lee, Jong-Wha, 2005.
"IMF programs: Who is chosen and what are the effects?,"
Journal of Monetary Economics, Elsevier, vol. 52(7), pages 1245-1269, October.
- Robert J. Barro & Jong-Wha Lee, 2002. "IMF Programs: Who is Chosen and What Are the Effects?," NBER Working Papers 8951, National Bureau of Economic Research, Inc.
- Robert J Barro & Jong-Wha Lee, 2003. "IMF Programs: Who Is Chosen and What Are the Effects?," Departmental Working Papers 2003-09, The Australian National University, Arndt-Corden Department of Economics.
- Chapman, Terrence & Fang, Songying & Li, Xin & Stone, Randall W., 2017. "Mixed Signals: IMF Lending and Capital Markets," British Journal of Political Science, Cambridge University Press, vol. 47(2), pages 329-349, April.
- Ilyana Kuziemko & Eric Werker, 2006. "How Much Is a Seat on the Security Council Worth? Foreign Aid and Bribery at the United Nations," Journal of Political Economy, University of Chicago Press, vol. 114(5), pages 905-930, October.
- Oberdabernig, Doris A., 2013.
"Revisiting the Effects of IMF Programs on Poverty and Inequality,"
World Development, Elsevier, vol. 46(C), pages 113-142.
- Doris A. Oberdabernig, 2012. "Revisiting the Effects of IMF Programs on Poverty and Inequality," Department of Economics Working Papers wuwp144, Vienna University of Economics and Business, Department of Economics.
- Oberdabernig, Doris Anita, 2012. "Revisiting the Effects of IMF Programs on Poverty and Inequality," Department of Economics Working Paper Series 144, WU Vienna University of Economics and Business.
- Dreher, Axel & Sturm, Jan-Egbert & Vreeland, James Raymond, 2009.
"Development aid and international politics: Does membership on the UN Security Council influence World Bank decisions?,"
Journal of Development Economics, Elsevier, vol. 88(1), pages 1-18, January.
- Axel Dreher & Jan-Egbert Sturm & James R. Vreeland, 2007. "Development Aid and International Politics: Does Membership on the UN Security Council Influence World Bank Decisions?," KOF Working papers 07-171, KOF Swiss Economic Institute, ETH Zurich.
- Dreher, Axel & Sturm, Jan-Egbert & Vreeland, James Raymond, 2009. "Global horse trading: IMF loans for votes in the United Nations Security Council," European Economic Review, Elsevier, vol. 53(7), pages 742-757, October.
- Mike Callaghan & Paul Hubbard, 2016. "The Asian Infrastructure Investment Bank : Multilateralism on the Silk Road," Finance Working Papers 25355, East Asian Bureau of Economic Research.
- Clark, Richard, 2021. "Pool or Duel? Cooperation and Competition Among International Organizations," International Organization, Cambridge University Press, vol. 75(4), pages 1133-1153, April.
- Stone, Randall W., 2008. "The Scope of IMF Conditionality," International Organization, Cambridge University Press, vol. 62(4), pages 589-620, October.
- Christopher Kilby, 2006. "Donor influence in multilateral development banks: The case of the Asian Development Bank," The Review of International Organizations, Springer, vol. 1(2), pages 173-195, June.
- Rickard, Stephanie J. & Caraway, Teri L., 2019. "International demands for austerity: examining the impact of the IMF on the public sector," LSE Research Online Documents on Economics 86636, London School of Economics and Political Science, LSE Library.
- Stubbs, Thomas & Kentikelenis, Alexander & Stuckler, David & McKee, Martin & King, Lawrence, 2017. "The impact of IMF conditionality on government health expenditure: A cross-national analysis of 16 West African nations," Social Science & Medicine, Elsevier, vol. 174(C), pages 220-227.
- Gehring, Kai & Lang, Valentin, 2020. "Stigma or cushion? IMF programs and sovereign creditworthiness," Journal of Development Economics, Elsevier, vol. 146(C).
- Javier Díaz-Cassou & Alicia García-Herrero & Luis Molina, 2006. "What kind of capital flows does the IMF catalyze and when?," Working Papers 0617, Banco de España.
- Stubbs, Thomas & Kring, William & Laskaridis, Christina & Kentikelenis, Alexander & Gallagher, Kevin, 2021. "Whatever it takes? The global financial safety net, Covid-19, and developing countries," World Development, Elsevier, vol. 137(C).
- Rodrik, Dani, 1995.
"Why is there Multilateral Lending?,"
CEPR Discussion Papers
1207, C.E.P.R. Discussion Papers.
- Dani Rodrik, 1995. "Why is there Multilateral Lending?," NBER Working Papers 5160, National Bureau of Economic Research, Inc.
- Axel Dreher & Andreas Fuchs & Bradley Parks & Austin Strange & Michael J. Tierney, 2021. "Aid, China, and Growth: Evidence from a New Global Development Finance Dataset," American Economic Journal: Economic Policy, American Economic Association, vol. 13(2), pages 135-174, May.
- Helge Berger & Jakob de Haan & Jan-Egbert Sturm, 2005. "Which Variables Explain Decisions on IMF Credit? An Extreme Bounds Analysis�," TWI Research Paper Series 13, Thurgauer Wirtschaftsinstitut, Universität Konstanz.
- Garuda, Gopal, 2000. "The Distributional Effects of IMF Programs: A Cross-Country Analysis," World Development, Elsevier, vol. 28(6), pages 1031-1051, June.
- Ashoka Mody & Diego Saravia, 2006. "Catalysing Private Capital Flows: Do IMF Programmes Work as Commitment Devices?," Economic Journal, Royal Economic Society, vol. 116(513), pages 843-867, July.
- Krahnke, Tobias, 2023. "Doing more with less: The catalytic function of IMF lending and the role of program size," Journal of International Money and Finance, Elsevier, vol. 135(C).
- Mike Callaghan & Paul Hubbard, 2016. "The Asian Infrastructure Investment Bank : Multilateralism on the Silk Road," Macroeconomics Working Papers 25355, East Asian Bureau of Economic Research.
- Hafner-Burton, Emilie M. & Kahler, Miles & Montgomery, Alexander H., 2009. "Network Analysis for International Relations," International Organization, Cambridge University Press, vol. 63(3), pages 559-592, July.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Hugo Oriola & Jamel Saadaoui, 2025. "Exchange rate reaction to international organization loans and geopolitical preferences," EconomiX Working Papers 2025-2, University of Paris Nanterre, EconomiX.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Bomprezzi, Pietro & Marchesi, Silvia, 2023.
"A firm level approach on the effects of IMF programs,"
Journal of International Money and Finance, Elsevier, vol. 132(C).
- Silvia Marchesi & Pietro Bomprezzi, 2021. "A firm level approach on the effects of IMF programs," Working Papers 476, University of Milano-Bicocca, Department of Economics, revised Aug 2021.
- Thomas Stubbs & Bernhard Reinsberg & Alexander Kentikelenis & Lawrence King, 2020. "How to evaluate the effects of IMF conditionality," The Review of International Organizations, Springer, vol. 15(1), pages 29-73, January.
- Iasmin Goes, 2023. "Examining the effect of IMF conditionality on natural resource policy," Economics and Politics, Wiley Blackwell, vol. 35(1), pages 227-285, March.
- Chletsos, Michael & Sintos, Andreas, 2023. "The effects of IMF conditional programs on the unemployment rate," European Journal of Political Economy, Elsevier, vol. 76(C).
- Valentin Lang, 2021. "The economics of the democratic deficit: The effect of IMF programs on inequality," The Review of International Organizations, Springer, vol. 16(3), pages 599-623, July.
- Chletsos, Michael & Sintos, Andreas, 2021. "Hide and seek: IMF intervention and the shadow economy," Structural Change and Economic Dynamics, Elsevier, vol. 59(C), pages 292-319.
- Demir, Firat, 2022. "IMF conditionality, export structure and economic complexity:The ineffectiveness of structural adjustment programs," Journal of Comparative Economics, Elsevier, vol. 50(3), pages 750-767.
- Dreher, Axel & Sturm, Jan-Egbert & Vreeland, James Raymond, 2010.
"Does membership on the UN security council influence IMF conditionality?,"
University of Göttingen Working Papers in Economics
104, University of Goettingen, Department of Economics.
- Axel Dreher & Jan-Egbert Sturm & James Raymond Vreeland, 2010. "Does Membership on the UN Security Council Influence IMF Conditionality?," KOF Working papers 10-262, KOF Swiss Economic Institute, ETH Zurich.
- Axel Dreher & Jan-Egbert Sturm & James Raymond Vreeland, 2010. "Does membership on the UN Security Council influence IMF conditionality?," Courant Research Centre: Poverty, Equity and Growth - Discussion Papers 36, Courant Research Centre PEG.
- Chungshik Moon & Byungwon Woo, 2022. "Curse of friendship: IMF programme, friendship with the United States and foreign direct investment," The World Economy, Wiley Blackwell, vol. 45(7), pages 2188-2221, July.
- Bal Gündüz, Yasemin, 2016. "The Economic Impact of Short-term IMF Engagement in Low-Income Countries," World Development, Elsevier, vol. 87(C), pages 30-49.
- Brendan Skip Mark & Huei-Jyun Ye & Andrew Foote & Tiffani Crippin, 2021. "It’s a Hard-Knock Life: Child Labor Practices and Compliance with IMF Agreements," Social Sciences, MDPI, vol. 10(5), pages 1-21, May.
- Bernhard Reinsberg & Thomas Stubbs & Alexander Kentikelenis, 2022. "Compliance, defiance, and the dependency trap: International Monetary Fund program interruptions and their impact on capital markets," Regulation & Governance, John Wiley & Sons, vol. 16(4), pages 1022-1041, October.
- Ayse Kaya & Byungwon Woo, 2022. "China and the Asian Infrastructure Investment Bank (AIIB): Chinese Influence Over Membership Shares?," The Review of International Organizations, Springer, vol. 17(4), pages 781-813, October.
- Stephanie J. Rickard & Teri L. Caraway, 2019. "International demands for austerity: Examining the impact of the IMF on the public sector," The Review of International Organizations, Springer, vol. 14(1), pages 35-57, March.
- Gehring, Kai & Lang, Valentin, 2020. "Stigma or cushion? IMF programs and sovereign creditworthiness," Journal of Development Economics, Elsevier, vol. 146(C).
- Dreher, Axel & Vreeland, James Raymond, 2011.
"Buying votes and international organizations,"
University of Göttingen Working Papers in Economics
123, University of Goettingen, Department of Economics.
- Axel Dreher & James Raymond Vreeland, 2011. "Buying Votes and International Organizations," Courant Research Centre: Poverty, Equity and Growth - Discussion Papers 78, Courant Research Centre PEG.
- Marijana Andrijić & Tajana Barbić, 2021. "When the Going Gets Tough … the Effect of Economic Reform Programmes on National Well-Being," Sustainability, MDPI, vol. 13(20), pages 1-19, October.
- repec:got:cegedp:104 is not listed on IDEAS
- Kaya, Ayse & Kilby, Christopher & Kay, Jonathan, 2021. "Asian Infrastructure Investment Bank as an instrument for Chinese influence? Supplementary versus remedial multilateralism," World Development, Elsevier, vol. 145(C).
- Lauren L. Ferry & Emilie M. Hafner-Burton & Christina J. Schneider, 2020. "Catch me if you care: International development organizations and national corruption," The Review of International Organizations, Springer, vol. 15(4), pages 767-792, October.
- Bai, Ye & Banerji, Sanjay & Wang, Zilong & Zhang, Wenjing, 2024. "Can participation in IMF programs facilitate sovereign debt rescheduling? The role of program size," Journal of International Money and Finance, Elsevier, vol. 144(C).
More about this item
Keywords
International institutions; United Nations; Geopolitical preferences; Catalytic effect; Finance.;All these keywords.
JEL classification:
- D78 - Microeconomics - - Analysis of Collective Decision-Making - - - Positive Analysis of Policy Formulation and Implementation
- F30 - International Economics - - International Finance - - - General
- F42 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - International Policy Coordination and Transmission
NEP fields
This paper has been announced in the following NEP Reports:- NEP-FDG-2024-07-22 (Financial Development and Growth)
- NEP-OPM-2024-07-22 (Open Economy Macroeconomics)
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ulp:sbbeta:2024-25. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: the person in charge The email address of this maintainer does not seem to be valid anymore. Please ask the person in charge to update the entry or send us the correct address (email available below). General contact details of provider: https://edirc.repec.org/data/bestrfr.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.