Does cultural diversity hinder the implementation of IMF-supported programs? An empirical investigation

نویسندگان

چکیده

Abstract Do ethno-linguistic divisions in a country hamper the implementation of IMF-supported programs? We construct new measure and compliance with IMF programs approved during 1992–2014 period covering 104 countries. Using several measures diversity, we find that higher levels cultural fractionalization affect probability successful conditions. Our results show diverse preferences coordination failures due to ethnic diversity undermine programs. Furthermore, weakens ‘ hard ’ conditions relative soft findings also do not autocracies as opposed democracies. These are robust addressing endogeneity concerns using an instrumental variable approach number alternative specifications, data sets, approaches.

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ژورنال

عنوان ژورنال: Review of International Organizations

سال: 2022

ISSN: ['1559-744X', '1559-7431']

DOI: https://doi.org/10.1007/s11558-022-09454-4