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Corruption, Competition, and Contracts

Corruption, Competition, and Contracts »

Source: Corruption, Competition, and Contracts : A Model of Vote Buying

Volume/Issue: 2006/11

Series: IMF Working Papers

Author(s): Felix Vardy , and John Morgan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2006

ISBN: 9781451862713

Keywords: Vote buying, lobbying, elections, voters, voter, voting, interest groups, interest group, Models of Political Processes: Rent-seeking, Legislatures

In the presence of competing interest groups, this paper examines how the form of votebuying contracts affects policy outcomes. We study contracts contingent upon individual votes, policy outcomes, and/or vote shar...

Quota and Voice Reform—Key Elements of a Potential Package of Reforms Statistical Appendix, and Summing of the Board Meeting

Quota and Voice Reform—Key Elements of a Potential Package of Reforms Statistical Appendix, and Summing of the Board Meeting »

Source: Quota and Voice Reform - Key Elements of a Potential Package of Reforms

Volume/Issue: 2008/007

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 February 2008

ISBN: 9781498334921

Keywords: Quota calculations, Quota formulas, Quota increases, Voting status, Stocks, Gross domestic product, Market economies, Economies, Developing countries, PP

The IMFC in its October 2007 Communiqué called on the Executive Board to continue its work on quota and voice reform in order to allow agreement on all elements of a reform package by Spring 2008. To facilitate pro...

Quota and Voice Reform—Key Elements of a Potential Package of Reforms Statistical Appendix

Quota and Voice Reform—Key Elements of a Potential Package of Reforms Statistical Appendix »

Source: Quota and Voice Reform - Key Elements of a Potential Package of Reforms

Volume/Issue: 2008/007

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 February 2008

ISBN: 9781498334921

Keywords: Quota calculations, Quota formulas, Quota increases, Voting status, Stocks, Gross domestic product, Market economies, Economies, Developing countries, PP

The IMFC in its October 2007 Communiqué called on the Executive Board to continue its work on quota and voice reform in order to allow agreement on all elements of a reform package by Spring 2008. To facilitate pro...

The Chairman’s Summing Up Quota and Voice Reform-Key Elements of a Potential Package of Reforms

The Chairman’s Summing Up Quota and Voice Reform-Key Elements of a Potential Package of Reforms »

Source: Quota and Voice Reform - Key Elements of a Potential Package of Reforms

Volume/Issue: 2008/007

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 26 February 2008

ISBN: 9781498334921

Keywords: Quota calculations, Quota formulas, Quota increases, Voting status, Stocks, Gross domestic product, Market economies, Economies, Developing countries, PP

The IMFC in its October 2007 Communiqué called on the Executive Board to continue its work on quota and voice reform in order to allow agreement on all elements of a reform package by Spring 2008. To facilitate pro...

Rethinking the Governance of the International Monetary Fund

Rethinking the Governance of the International Monetary Fund »

Source: Rethinking the Governance of the International Monetary Fund

Volume/Issue: 2006/273

Series: IMF Working Papers

Author(s): Abbas Mirakhor , and Iqbal Zaidi

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2006

ISBN: 9781451865332

Keywords: International Monetary Arrangements and Institutions, voting, exchange rates, capital flows, International Economic Order,

This paper attempts to set out the principal issues that need to be resolved in formulating a proposal for quotas and voice reform in the IMF that could command broad support. Following John Rawls, we argue that "j...

Report of the Executive Board to the Board of Governors - Quota and Voice Reform - Progress Since the 2006 Annual Meetings

Report of the Executive Board to the Board of Governors - Quota and Voice Reform - Progress Since the 2006 Annual Meetings »

Source: Report of the Executive Board to the Board of Governors - Quota and Voice Reform - Progress Since the 2006 Annual Meetings

Volume/Issue: 2007/041

Series: Policy Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 16 October 2007

ISBN: 9781498333269

Keywords: Board of Governors, Executive Board, Quotas, Exchange rate markets, Exchange market rates, Developing countries, Emerging markets, Stocks, IMFC, quota share

At the Annual Meetings in Singapore, the Board of Governors approved a program of quota and voice reforms (Resolution 61-5) that aims to enhance the effectiveness and credibility of the Fund. This report responds t...

Rent Seeking and Endogenous Income Inequality

Rent Seeking and Endogenous Income Inequality »

Source: Rent Seeking and Endogenous Income Inequality

Volume/Issue: 2001/15

Series: IMF Working Papers

Author(s): Paul Wade , and Era Dabla-Norris

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 February 2001

ISBN: 9781451843262

Keywords: lotteries, probability, expropriation, equation, credit markets, equations, Personal Income, Wealth, and Their Distributions, Models of Political Processes: Rent-seeking

This paper studies the relationship between wealth inequality and occupational choice between rent-seeking and production. With imperfect credit markets and a fixed cost to rent-seeking, only wealthy agents choose...

Trade Integration and Political Turbulence

Trade Integration and Political Turbulence »

Source: Trade Integration and Political Turbulence : Environmental Policy Consequences

Volume/Issue: 2001/150

Series: IMF Working Papers

Author(s): Muthukumara Mani , and Per Fredriksson

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 October 2001

ISBN: 9781451856965

Keywords: political instability, lobbying, uncertainty, environmental regulations, environmental policy, trade integration, environmental policies, economic integration, Models of Political Processes: Rent-seeking, Elections

This paper seeks to contribute to the unresolved issue of the effect of economic integration on environmental policy. In particular, we discuss the joint impact of trade openness and political uncertainty. Our theo...

The Persistence of Corruption and Regulatory Compliance Failures

The Persistence of Corruption and Regulatory Compliance Failures »

Source: The Persistence of Corruption and Regulatory Compliance Failures : Theory and Evidence

Volume/Issue: 2003/172

Series: IMF Working Papers

Author(s): Per Fredriksson , Muthukumara Mani , and Richard Damania

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 September 2003

ISBN: 9781451858594

Keywords: rule of law, lobbying, political instability, bureaucracy, judicial efficiency, political stability, political economy, common law, judicial system, Models of Political Processes: Rent-seeking

This paper examines the reasons why corruption and policy distortions tend to exhibit a high degree of persistence in certain regimes. We identify circumstances under which a firm seeks to evade regulations by (1)...

Corruption, Competition, and Contracts
			: A Model of Vote Buying

Corruption, Competition, and Contracts : A Model of Vote Buying »

Volume/Issue: 2006/11

Series: IMF Working Papers

Author(s): Felix Vardy , and John Morgan

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 January 2006

DOI: http://dx.doi.org/10.5089/9781451862713.001

ISBN: 9781451862713

Keywords: Vote buying, lobbying, elections, voters, voter, voting, interest groups, interest group, Models of Political Processes: Rent-seeking, Legislatures

In the presence of competing interest groups, this paper examines how the form of votebuying contracts affects policy outcomes. We study contracts contingent upon individual votes, policy outcomes, and/or vote shar...