IMF = I’M Fired! IMF Program Participation, Political Systems, and Workers’ Rights

Su Hyun Lee; Byungwon Woo

doi:10.1177/0032321720905318

IMF = I’M Fired! IMF Program Participation, Political Systems, and Workers’ Rights

Su Hyun Lee, Byungwon Woo

Department of Political Science and International Studies

Research output: Contribution to journal › Article › peer-review

7 Citations (Scopus)

Abstract

How do International Monetary Fund programs and conditions affect labor rights? Recognizing the diversity of International Monetary Fund conditionality, we argue that the more stringent International Monetary Fund labor market conditionality is, the worse labor rights become. However, this negative effect can be mitigated if there exist domestic political institutions that have incentives and abilities to provide protections over workers: one such case is a closed-list proportional representation system; another case is a leftist government that relies on political supports of workers. Our empirical analysis demonstrates that the more labor conditionality a program includes, the worse labor rights the country sustains. In addition, we report that the negative effect is partially mitigated when domestic political circumstances are favorable to the political representation of workers under a proportional representation system or under a leftist government.

Original language	English
Pages (from-to)	514-537
Number of pages	24
Journal	Political Studies
Volume	69
Issue number	3
DOIs	https://doi.org/10.1177/0032321720905318
Publication status	Published - 2021 Aug

Bibliographical note

Funding Information:
The author(s) disclosed receipt of the following financial support for the research, authorship, and/or publication of this article: Su-Hyun Lee wishes to thank S. Rajaratnam School of International Studies, Nanyang Technological University, for generous financial support. Byungwon Woo’s research was supported by the Yonsei University Research Fund of 2019-22-0017.

Funding Information:
The author(s) disclosed receipt of the following financial support for the research, authorship, and/or publication of this article: Su-Hyun Lee wishes to thank S. Rajaratnam School of International Studies, Nanyang Technological University, for generous financial support. Byungwon Woo?s research was supported by the Yonsei University Research Fund of 2019-22-0017.

Publisher Copyright:
© The Author(s) 2020.

All Science Journal Classification (ASJC) codes

Sociology and Political Science

UN SDGs

This output contributes to the following UN Sustainable Development Goals (SDGs)

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10.1177/0032321720905318

Cite this

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abstract = "How do International Monetary Fund programs and conditions affect labor rights? Recognizing the diversity of International Monetary Fund conditionality, we argue that the more stringent International Monetary Fund labor market conditionality is, the worse labor rights become. However, this negative effect can be mitigated if there exist domestic political institutions that have incentives and abilities to provide protections over workers: one such case is a closed-list proportional representation system; another case is a leftist government that relies on political supports of workers. Our empirical analysis demonstrates that the more labor conditionality a program includes, the worse labor rights the country sustains. In addition, we report that the negative effect is partially mitigated when domestic political circumstances are favorable to the political representation of workers under a proportional representation system or under a leftist government.",

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IMF = I’M Fired! IMF Program Participation, Political Systems, and Workers’ Rights

Abstract

Bibliographical note

All Science Journal Classification (ASJC) codes

UN SDGs

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