How Have IMF Priorities Evolved? A Text Mining Approach
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Summary:
This paper assess how priorities of the IMF’s membership have evolved over the past two decades, by using text mining techniques on a unique dataset combining IMFC communiqués and constituency statements. Our results reveal significant variation in priorities across time and constituencies. Statements can be characterized by the weight which they place on three key priorities: (i) growth; (ii) debt and development; and (iii) crisis management and quota reform. Sentiment analysis techniques also show that addressing climate change is a topic which is viewed positively by an increasing number of constituencies.
Series:
Working Paper No. 2021/159
Subject:
Climate change Crisis management Economic sectors Environment Financial crises Global financial crisis of 2008-2009 Mining sector
Frequency:
regular
English
Publication Date:
June 4, 2021
ISBN/ISSN:
9781513573458/1018-5941
Stock No:
WPIEA2021159
Pages:
32
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