Article ID | Journal | Published Year | Pages | File Type |
---|---|---|---|---|
7384065 | Research in Economics | 2018 | 30 Pages |
Abstract
In this paper I relate Bank-Fund performance to their willingness (or ability) to communicate. I find evidence that a Bank-Fund simultaneous loan is associated to an increase in economic growth and that such effect is diminished by factors preventing full communication, such as the degree of Bank-Fund competition and the salience of informational asymmetries. Politically motivated loans seem-at least to some extent-stimulate more IMF-WB interaction, which turns out to be associated to a better country's performance.
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Social Sciences and Humanities
Economics, Econometrics and Finance
Economics and Econometrics
Authors
Silvia Marchesi,