01703cas a2200253 a 4500 AALejournalIMF022085 230101c9999 xx r poo 0 0eng d 5.00 USD 9781484386149 1018-5941 BD-DhAAL BD-DhAAL Pradhan, Tejesh. IMF-Supported Programs and Income Convergence in Low-Income Countries / Tejesh Pradhan, Ali Al-Sadiq. Washington, D.C. : International Monetary Fund, 2018. 1 online resource (37 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students Continuing the empirical debate on the effects of IMF-supported programs on participating countries' macroeconomic performance, we focus on the issue of whether these programs accelerate conditional AY-convergence among low-income countries (LICs). We use an unbalanced panel dataset for 85 LICs over the period 1986-2015 and employ two different econometric methods to address the selection bias problem. Our empirical results suggest that the rate of conditional income per capita convergence is faster among LICs with extended IMF support than that in countries without support or with intermittent support. Mode of access: Internet Al-Sadiq, Ali. IMF Working Papers; Working Paper ; No. 2018/284 Full text available on IMF http://elibrary.imf.org/view/journals/001/2018/284/001.2018.issue-284-en.xml IMF e-Library