| Description |
1 online resource (333 p.) |
| Contents |
Intro -- Declarations -- Acknowledgments -- About This Book -- Contents -- About the Authors -- List of Figures -- List of Tables -- 1 Introduction -- Definitions -- Why Studying the Link Between Financial Crises and the IMF Is Important? -- Insights from Extant Studies -- Financial Crises in Developing States: Extant Findings -- International Organizations and the IMF -- "Special Interests," Financial Crisis and Political Impact of Crisis -- The Politics of State Repression -- How This Book Adds to the Literature -- Summary of Theoretical Framework -- Empirical Research Design |
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Book Outline -- References -- 2 Shadow Banks, the IMF and the Politics of Financial Crisis -- Shadow Banks in Developing Countries -- Shadow Banks: Definition, Functions and Clientele -- Other Financial Market Actors -- Foreign Portfolio Investors -- Currency Speculators -- Why Governments Participate in IMF Programs -- IMF-Mandated Financial Sector Reforms and Shadow Banks -- Government's Dilemma Under an IMF Program -- Shadow Banks, the Fund and the Politics of Financial Crisis -- Market Concentration and Non-Compliance -- Foreign Portfolio Investors, Currency Traders and Financial Crisis |
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Alternative Scenarios and Financial Crisis -- Scenario II: IMF Program but Low Shadow Bank Concentration -- Scenario III: High Shadow Bank Concentration but No IMF Program -- Conclusion -- References -- 3 Financial Crisis, the IMF and State Repression -- Fund-Assisted Governments, Financial Crisis and Ascribing Responsibility -- Adverse Economic Impact of Twin Financial Crisis -- Attribution Uncertainty -- Blaming the Government -- Opposition Groups, Challenging the Government and Repression -- Opposition Groups and the Citizens' Focal Point |
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Repression as an Optimal Strategy for Fund-Assisted Governments -- Two Different Scenarios -- Conclusion -- References -- 4 IMF Programs, Shadow Banks and Financial Crisis: Empirical Evidence -- Analysis of Twin Financial Crisis Under IMF Programs -- Sample and Variables -- Statistical Methodology -- Results and Econometric Robustness Checks in Full Sample -- Specification and Sample Robustness Checks -- Non-compliance with Financial Sector Program Conditions -- Sample and Variables for Evaluating (Non-)compliance -- Statistical Models and Results for Shadow Bank Compliance -- Conclusion |
| Notes |
Description based upon print version of record |
| Bibliography |
References -- 5 State Repression, the IMF and Financial Crisis: Empirical Evidence -- Sample and Variables -- Statistical Methodology -- Results for IMF Program, Financial Crisis and State Repression -- Robustness Tests -- Conclusion -- References -- 6 The Fund, Financial Crisis and Repression in Turkey -- Turkey: An Overview -- Political Background and Macroeconomy -- Overview of Turkey's Financial Sector -- Shadow Banks: Main Features and Market Concentration -- Shadow Banks' Attitudes Toward Regulation and Lobbying -- Turkey and the IMF: 1999-2001 |
| Notes |
Macroeconomy and Financial Markets before the IMF Program of 2000-01 |
| Genre/Form |
Electronic books
|
| Form |
Electronic book
|
| Author |
Yadav, Vineeta
|
| ISBN |
9783031558931 |
|
3031558936 |
|
