Skip Navigation

International Relations of the Asia-Pacific 2007 7(2):251-275; doi:10.1093/irap/lcm004
This Article
Right arrow Full Text
Right arrow Full Text (PDF)
Right arrow Alert me when this article is cited
Right arrow Alert me if a correction is posted
Services
Right arrow Email this article to a friend
Right arrow Similar articles in this journal
Right arrow Alert me to new issues of the journal
Right arrow Add to My Personal Archive
Right arrow Download to citation manager
Right arrowRequest Permissions
Google Scholar
Right arrow Articles by Omori, S.
Right arrow Search for Related Content
Social Bookmarking
Add to CiteULike   Add to Connotea   Add to Del.icio.us  
What's this?

© The author [2007]. Published by Oxford University Press in association with the Japan Association of International Relations; all rights reserved. For permissions, please email: journals.permissions@oxfordjournals.org

Exploring political determinants of the magnitude of financial reforms in developing countries

Sawa Omori

Institute of Social Science, University of Tokyo, 7-3-1 Hongo, Bunkyo-ku, Tokyo, 113-0033, Japan
Email: sawaomori{at}gmail.com

This paper aims to empirically explore political determinants of the magnitude of financial reforms, namely, under which conditions a country is more likely to choose a ‘big-bang’ type of financial reform versus a gradual financial reform. Especially, how the International Monetary Fund's (IMF's) effect on the magnitude of financial reforms is conditioned by political institutions is quantitatively examined using 30 developing countries' data from 1973 to 2002. Results demonstrate that the IMF's effect on facilitating a big-bang type of financial reforms is contingent upon the number of veto players in the case of a democratic government. Also, a non-democratic government is more likely to engage in big-bang type of financial reforms than a democratic government, holding other conditions constant.

Received for publication October 8, 2006. Accepted for publication December 12, 2006.


Add to CiteULike CiteULike   Add to Connotea Connotea   Add to Del.icio.us Del.icio.us    What's this?




Disclaimer:
Please note that abstracts for content published before 1996 were created through digital scanning and may therefore not exactly replicate the text of the original print issues. All efforts have been made to ensure accuracy, but the Publisher will not be held responsible for any remaining inaccuracies. If you require any further clarification, please contact our Customer Services Department.