Do IMF and World Bank Influence Voting in the Un General Assembly?

46 Pages Posted: 1 Jun 2006

See all articles by Axel Dreher

Axel Dreher

Heidelberg University

Jan-Egbert Sturm

KOF Swiss Economic Institute, ETH Zurich; CESifo (Center for Economic Studies and Ifo Institute)

Date Written: May 2006

Abstract

Using panel data for 188 countries over the period 1970-2002 this paper empirically analyzes the influence of the IMF and the World Bank on voting patterns in the UN General Assembly. Countries receiving adjustment programs and larger non-concessional loans from the World Bank vote more frequently in line with the average G7 country. The same is true for countries obtaining non-concessional IMF programs. Regarding voting coincidence with the US, World Bank (concessional and non-concessional) loans have a significant impact, while the IMF has not. These results are robust to the inclusion of control variables and method of estimation.

Keywords: IMF, World Bank, UN General Assembly, voting, aid

JEL Classification: F33

Suggested Citation

Dreher, Axel and Sturm, Jan-Egbert, Do IMF and World Bank Influence Voting in the Un General Assembly? (May 2006). CESifo Working Paper Series No. 1724. Available at SSRN: https://ssrn.com/abstract=905759

Axel Dreher

Heidelberg University ( email )

Grabengasse 1
Heidelberg, 69117
Germany

HOME PAGE: http://www.axel-dreher.de

Jan-Egbert Sturm (Contact Author)

KOF Swiss Economic Institute, ETH Zurich ( email )

Zurich
Switzerland

HOME PAGE: http://www.kof.ethz.ch

CESifo (Center for Economic Studies and Ifo Institute)

Poschinger Str. 5
Munich, 81679
Germany

HOME PAGE: http://www.cesifo.de

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