01733cas a2200241 a 4500 AALejournalIMF005059 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451869743 1018-5941 BD-DhAAL BD-DhAAL Honda, Jiro. Do IMF Programs Improve Economic Governance? / Jiro Honda. Washington, D.C. : International Monetary Fund, 2008. 1 online resource (32 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students This paper examines the effects of IMF financial assistance on economic governance in developing countries, based on panel data analyses of perceived governance indicators. It uses a two-stage approach to address possible endogeneity issues. The results show that successful implementation of IMF programs is associated with improvements in the quality of economic governance. Specifically, the paper finds statistically robust results that IMF concessional programs through the Poverty Reduction and Growth Facility tend to enhance the rule of law and strengthen control of corruption. Through this exercise, however, no statistically significant effect is observed for assistances under the General Resource Account. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2008/114 Full text available on IMF http://elibrary.imf.org/view/journals/001/2008/114/001.2008.issue-114-en.xml IMF e-Library