Government Ownership of IMF Conditionality Programs: Conceptualization, Measurement, and Validation.

The shifting emphasis on performance evaluation and accountability in the context of financial lending or foreign-aid arrangements sponsored by international organizations (IOs) has brought to the fore the question of government ownership of reforms. While the concept of ownership has featured highl...

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Publicado en:International Studies Quarterly Vol. 67; no. 4; pp. 1 - 15
Autores principales: Konstantinidis, Nikitas, Reinsberg, Bernhard
Formato: Artículo
Publicado: Oxford University Press / USA Dec2023
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Acceso en línea:Ver este registro en EBSCOhost
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        atl: Government Ownership of IMF Conditionality Programs: Conceptualization, Measurement, and Validation.
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        au:
          Konstantinidis, Nikitas
          Reinsberg, Bernhard
        affil:
          IE University , Spain
          University of Glasgow , UK
      su:
        International Monetary Fund
        Government ownership
        Government programs
        Administrative reform
        Financial accountability
        Test validity
      sug:
        subj:
          Government ownership
          Government programs
          International Monetary Fund
          International and other extra-territorial public administration
          International Affairs
          Administrative reform
          Financial accountability
          Test validity
      ab: The shifting emphasis on performance evaluation and accountability in the context of financial lending or foreign-aid arrangements sponsored by international organizations (IOs) has brought to the fore the question of government ownership of reforms. While the concept of ownership has featured highly in academic and policy debates over the effects of IO conditionality, it arguably remains theoretically elusive, ill-identified, and under-specified. In this article, we focus on International Monetary Fund (IMF) programs and define government ownership with respect to the counterfactual level of de jure structural reforms that would be achieved in the absence of IMF conditionality. We then use the synthetic control method to identify continuous levels of ownership as a function of a treatment effect on treated compliers and operationalize the concept of ownership over external- and financial-sector conditionality across a restricted sample of uninterrupted IMF arrangements (1980–2014). Furthermore, we probe the criterion and construct validity of our measure with respect to known determinants, proxies, and outcomes of ownership. We argue that ours is a reliable, replicable, valid, robust, and systematic measure of ownership that can help better identify and estimate the indirect relationship between program design and policy implementation.
      pubtype: Academic Journal
      doctype: Article
      src: R
    language: English
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