Public Support for Green, Inclusive, and Resilient Growth Conditionality in International Monetary Fund Bailouts.

The International Monetary Fund (IMF) has recently expanded its policy scope to include a broader set of policies to promote green, inclusive, and resilient growth. How does this expansion affect the support for the IMF and its loans among the populations of borrowing countries? We conducted a pre-r...

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Published in:International Studies Quarterly Vol. 69; no. 2; pp. 1 - 13
Main Authors: Heinzel, Mirko, Kern, Andreas, Metinsoy, Saliha, Reinsberg, Bernhard
Format: Article
Published: Oxford University Press / USA Jun2025
Subjects:
Online Access:View this record in EBSCOhost
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      dt: Jun2025
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      pub: Oxford University Press / USA
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        10.1093/isq/sqaf018
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        atl: Public Support for Green, Inclusive, and Resilient Growth Conditionality in International Monetary Fund Bailouts.
      aug:
        au:
          Heinzel, Mirko
          Kern, Andreas
          Metinsoy, Saliha
          Reinsberg, Bernhard
        affil:
          Maastricht University, The Netherlands
          Georgetown University, USA
          Erasmus University Rotterdam, The Netherlands
          Glasgow University and the Centre for Business Research at the University of Cambridge, UK
      su:
        Kenya
        International Monetary Fund
        Public support
        Sustainable development
        International agencies
        Policy analysis
        Financial bailouts
        International financial institutions
      sug:
        subj:
          Public support
          Sustainable development
          International agencies
          Policy analysis
          Kenya
          International Monetary Fund
          International Trade Financing
          International and other extra-territorial public administration
          International Affairs
          Foreign affairs
          Administration of General Economic Programs
          Financial bailouts
          International financial institutions
      ab: The International Monetary Fund (IMF) has recently expanded its policy scope to include a broader set of policies to promote green, inclusive, and resilient growth. How does this expansion affect the support for the IMF and its loans among the populations of borrowing countries? We conducted a pre-registered survey experiment with 2,694 respondents from three borrower countries—Argentina, Kenya, and Pakistan. We show that support for IMF programs increases by approximately 24 percent compared to traditional programs when the IMF includes good governance, anti-poverty, climate change, and gender equality measures in its programs. Our results imply that people do not uniformly reject the imposition of policies of global governance institutions but have well-defined preferences over policy measures. Our findings contribute to debates on the backlash against international institutions by highlighting that citizens are willing to accept sovereignty intrusion when they push for policy goals aligned with their policy preferences.
      pubtype: Academic Journal
      doctype: Article
      src: R
    language: English
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