Crisis, Conditions, and Capital
The Effect of International Monetary Fund Agreements on Foreign Direct Investment Inflows
Bibliographic Data
| ID | 6284479 |
|---|---|
| Authors | Nathan M Jensen (0000-0002-3251-8117, Department of Political Science, Washington University, St. Louis, corresponding author) |
| Year | 2004 |
| Volume | 48 |
| Issue | 2 |
| Pages | 194-210 |
| Publication date | 2004-04-01 |
| Peer Reviewed | Yes |
| Open Access | Yes |
| Type | ARTICLE |
| Venue | Journal of Conflict Resolution (JOURNAL) |
| Journal identifiers | ISSN: 0022-0027 • E-ISSN: 1552-8766 |
| Publisher | SAGE Publications Inc (PUBLISHER) |
| DOI | 10.1177/0022002703262860 |
| OpenAlex | W2166864928 |
| Language | EN |
| Citations received | 45 |
| References cited | 42 |
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 not under IMF agreements
Business · Capital (architecture · Capital flight · Ceteris paribus · Developing country · Economic growth · Economics · Foreign direct investment · International economics · International trade · Macroeconomics · Market economy · Monetary economics · Multinational corporation · Finance · Global trade and economics · International Business and FDI · International Development and Aid
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| Unique citing works | 45 |
|---|---|
| Citations per year | 2,14 |
| Citation span | 2005 - 2026 (22) |
| Citation velocity | current |
| Highly cited | No |
| Citation types | Neutral: 44 |