The Economic Impact of IMF-Supported Programs in Low-Income Countries /

This paper aims to assess the economic impact of the IMF's support through its facilities for low-income countries. It relies on two complementary econometric analyses: the first investigates the longer-term impact of IMF engagement-primarily through successive medium-term programs under the Ex...

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Bibliographic Details
Main Author: Bal Gunduz, Yasemin
Other Authors: Ebeke, Christian, Hacibedel, Burcu, Kaltani, Linda
Format: Journal
Language:English
Published: Washington, D.C. : International Monetary Fund, 2013.
Series:Occasional Papers; Occasional Paper ; No. 2013/003
Online Access:Full text available on IMF
Description
Summary:This paper aims to assess the economic impact of the IMF's support through its facilities for low-income countries. It relies on two complementary econometric analyses: the first investigates the longer-term impact of IMF engagement-primarily through successive medium-term programs under the Extended Credit Facility and its predecessors (and more recently the Policy Support Instrument)-on economic growth and a range of other indicators and socioeconomic outcomes; the second focuses on the role of IMF shock-related financing-through augmentations of Extended Credit Facility arrangements and short-term and emergency financing instruments-on short-term macroeconomic performance.
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Physical Description:1 online resource (60 pages)
Format:Mode of access: Internet
ISSN:0251-6365
Access:Electronic access restricted to authorized BRAC University faculty, staff and students