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ID: 077594

Exploring political determinants of the magnitude of financial / Omori, Sawa

Omori, Sawa	Journal Article
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2007.

Summary/Abstract

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

Key Words

IMF ; Developing Countries ; Self Determinants ; Financial Reform

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ID: 066941

How do commercial institutions promote peace / Bearce, David H; Omori, Sawa

2005

Bearce, David H	Journal Article
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Publication

2005.

Key Words

Peace ; Economic Integration ; Military Conflict

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ID: 134704

Politics of financial reform in Indonesia: the Asian financial crisis and its aftermath / Omori, Sawa

Omori, Sawa	Article
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Summary/Abstract

This research explains the politics of financial reforms in Indonesia by applying the theory of veto players. By comparing the periods during and after the International Monetary Fund (IMF) programs, I analyze temporal variations in the effects of the IMF and the number of veto players on financial reforms in Indonesia.

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