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Annex 2: Panel Regression on the Determinants of Long-Term Growth

Annex 2: Panel Regression on the Determinants of Long-Term Growth »

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

Series: Occasional Papers

Author(s): Yasemin Bal-Gunduz , Christian Ebeke , Burcu Hacibedel , Linda Kaltani , Vera Kehayova , Chris Lane , Christian Mumssen , Nkunde Mwase , and Joseph Thornton

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 October 2013

ISBN: 9781484394717

Keywords: Economic growth, Emergency financing mechanism, Extended Credit Facility, Fund-supported adjustment programs, Low-income developing countries, balance of payments, debt relief, current account, external shocks, current account balance

The impact of IMF-supported programs on per capita GDP growth also addresses the selection issue and is computed using two-way fixed-effects models for panel data. All regression specifications control for t...

Annex 1: Propensity Score Matching Methodology

Annex 1: Propensity Score Matching Methodology »

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

Series: Occasional Papers

Author(s): Yasemin Bal-Gunduz , Christian Ebeke , Burcu Hacibedel , Linda Kaltani , Vera Kehayova , Chris Lane , Christian Mumssen , Nkunde Mwase , and Joseph Thornton

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 October 2013

ISBN: 9781484394717

Keywords: Economic growth, Emergency financing mechanism, Extended Credit Facility, Fund-supported adjustment programs, Low-income developing countries, balance of payments, debt relief, current account, external shocks, current account balance

Addressing Selection Bias—Alternative Approaches The literature on the impact of IMF-supported programs has used various approaches to address sample selection bias, with the aim of...

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

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

Series: Occasional Papers

Author(s): Yasemin Bal-Gunduz , Christian Ebeke , Burcu Hacibedel , Linda Kaltani , Vera Kehayova , Chris Lane , Christian Mumssen , Nkunde Mwase , and Joseph Thornton

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 October 2013

DOI: http://dx.doi.org/10.5089/9781484394717.084

ISBN: 9781484394717

Keywords: Economic growth, Emergency financing mechanism, Extended Credit Facility, Fund-supported adjustment programs, Low-income developing countries, balance of payments, debt relief, current account, external shocks, current account balance

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...

Poverty and Social Impact Analysis in PRGF-Supported Programs

Poverty and Social Impact Analysis in PRGF-Supported Programs »

Volume/Issue: 2002/11

Series: IMF Policy Discussion Papers

Author(s): Gabriela Inchauste

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2002

DOI: http://dx.doi.org/10.5089/9781451969856.003

ISBN: 9781451969856

Keywords: Poverty, Fund-supported adjustment programs, IMF Programs, Social Impact, poverty reduction, impact analysis, social impact analysis, civil service, Fiscal and Monetary Policy in Development, General Welfare,

This paper aims to inform on the status of Poverty and Social Impact Analysis (PSIA) in IMF-supported programs, detailing the results presented in the recent review of PRGF-supported programs. The review showed tha...

4. Lessons for Future IMF Engagement in Low-Income Countries

4. Lessons for Future IMF Engagement in Low-Income Countries »

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

Series: Occasional Papers

Author(s): Yasemin Bal-Gunduz , Christian Ebeke , Burcu Hacibedel , Linda Kaltani , Vera Kehayova , Chris Lane , Christian Mumssen , Nkunde Mwase , and Joseph Thornton

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 October 2013

ISBN: 9781484394717

Keywords: Economic growth, Emergency financing mechanism, Extended Credit Facility, Fund-supported adjustment programs, Low-income developing countries, balance of payments, debt relief, current account, external shocks, current account balance

While the balance of evidence suggests that the IMF has in most cases played a helpful role in supporting growth and reducing poverty in its LIC members, it is also clear that, with over 900 million people w...

1. Overview

1. Overview »

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

Series: Occasional Papers

Author(s): Yasemin Bal-Gunduz , Christian Ebeke , Burcu Hacibedel , Linda Kaltani , Vera Kehayova , Chris Lane , Christian Mumssen , Nkunde Mwase , and Joseph Thornton

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 October 2013

ISBN: 9781484394717

Keywords: Economic growth, Emergency financing mechanism, Extended Credit Facility, Fund-supported adjustment programs, Low-income developing countries, balance of payments, debt relief, current account, external shocks, current account balance

The last 25 years have witnessed a profound transformation in the economic fortunes of low-income countries (LICs). A marked improvement in macroeconomic policies has resulted in improved fiscal performance,...

Poverty and Social Impact Analysis in PRGF-Supported Programs

Poverty and Social Impact Analysis in PRGF-Supported Programs »

Source: Poverty and Social Impact Analysis in PRGF-Supported Programs

Volume/Issue: 2002/11

Series: IMF Policy Discussion Papers

Author(s): Gabriela Inchauste

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 December 2002

ISBN: 9781451969856

Keywords: Poverty, Fund-supported adjustment programs, IMF Programs, Social Impact, poverty reduction, impact analysis, social impact analysis, civil service, Fiscal and Monetary Policy in Development, General Welfare,

This paper aims to inform on the status of Poverty and Social Impact Analysis (PSIA) in IMF-supported programs, detailing the results presented in the recent review of PRGF-supported programs. The review showed tha...

Back Matter

Back Matter »

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

Series: Occasional Papers

Author(s): Yasemin Bal-Gunduz , Christian Ebeke , Burcu Hacibedel , Linda Kaltani , Vera Kehayova , Chris Lane , Christian Mumssen , Nkunde Mwase , and Joseph Thornton

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 October 2013

ISBN: 9781484394717

Keywords: Economic growth, Emergency financing mechanism, Extended Credit Facility, Fund-supported adjustment programs, Low-income developing countries, balance of payments, debt relief, current account, external shocks, current account balance

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...

Front Matter

Front Matter »

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

Series: Occasional Papers

Author(s): Yasemin Bal-Gunduz , Christian Ebeke , Burcu Hacibedel , Linda Kaltani , Vera Kehayova , Chris Lane , Christian Mumssen , Nkunde Mwase , and Joseph Thornton

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 October 2013

ISBN: 9781484394717

Keywords: Economic growth, Emergency financing mechanism, Extended Credit Facility, Fund-supported adjustment programs, Low-income developing countries, balance of payments, debt relief, current account, external shocks, current account balance

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...

2. The Evolution of IMF Program Engagement

2. The Evolution of IMF Program Engagement »

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

Series: Occasional Papers

Author(s): Yasemin Bal-Gunduz , Christian Ebeke , Burcu Hacibedel , Linda Kaltani , Vera Kehayova , Chris Lane , Christian Mumssen , Nkunde Mwase , and Joseph Thornton

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 October 2013

ISBN: 9781484394717

Keywords: Economic growth, Emergency financing mechanism, Extended Credit Facility, Fund-supported adjustment programs, Low-income developing countries, balance of payments, debt relief, current account, external shocks, current account balance

This chapter reviews the evolution of the IMF’s financial engagement and policy support in LICs over the past quarter-century. 1 While program engagement constitutes the most inte...