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Aid and Growth

Aid and Growth »

Source: Aid and Growth : What Does the Cross-Country Evidence Really Show?

Volume/Issue: 2005/127

Series: IMF Working Papers

Author(s): Raghuram Rajan , and Arvind Subramanian

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 June 2005

ISBN: 9781451861464

Keywords: Cross-Sectional and Panel data, equation, statistics, outliers, standard errors, Economic Growth and Aggregate Productivity: General,

We examine the effects of aid on growth-- in cross-sectional and panel data--after correcting for the bias that aid typically goes to poorer countries, or to countries after poor performance. Even after this correc...

Aid, Exports, and Growth

Aid, Exports, and Growth »

Source: Aid, Exports, and Growth : A Time-Series Perspective on the Dutch Disease Hypothesis

Volume/Issue: 2013/73

Series: IMF Working Papers

Author(s): Joong Kang , Alessandro Prati , and Alessandro Rebucci

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 20 March 2013

ISBN: 9781484320112

Keywords: Common factors, Panel VARs, Exchange rate overvaluation, exchange rate, real exchange rate, exchange rate policy, trade liberalization, Economic Growth of Open Economies, Macroeconomic Analyses of Economic Development,

We use a heterogeneous panel VAR model identified through factor analysis to study the dynamic response of exports, imports, and per capita GDP growth to a “global” aid shock. We find that a global ai...

Algeria: 2013 Article IV Consultation

Algeria: 2013 Article IV Consultation »

Source: Algeria : Staff Report for the 2013 Article IV Consultation

Volume/Issue: 2014/32

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Middle East and Central Asia Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 February 2014

ISBN: 9781475566215

Keywords: Fiscal consolidation, Economic indicators, Debt sustainability analysis, Algeria, Economic growth, Article IV consultation reports, Press releases, Real effective exchange rates, Staff Reports, Monetary policy

This Informational Annex highlights that data provision in Algeria has some shortcomings, but is broadly adequate for surveillance. Data are published with a delay of less than one month. Key shortcomings in govern...

Algeria: Staff Report for the 2013 Article IV Consultation—Informational Annex

Algeria: Staff Report for the 2013 Article IV Consultation—Informational Annex »

Source: Algeria : Staff Report for the 2013 Article IV Consultation

Volume/Issue: 2014/32

Series: IMF Staff Country Reports

Author(s): International Monetary Fund. Middle East and Central Asia Dept.

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 04 February 2014

ISBN: 9781475566215

Keywords: Fiscal consolidation, Economic indicators, Debt sustainability analysis, Algeria, Economic growth, Article IV consultation reports, Press releases, Real effective exchange rates, Staff Reports, Monetary policy

This Informational Annex highlights that data provision in Algeria has some shortcomings, but is broadly adequate for surveillance. Data are published with a delay of less than one month. Key shortcomings in govern...

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...

Armenia

Armenia »

Source: Armenia : The Road to Sustained Rapid Growth-Cross-Country Evidence

Volume/Issue: 2003/103

Series: IMF Working Papers

Author(s): Garbis Iradian

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 01 May 2003

ISBN: 9781451852714

Keywords: transition economies, real gdp, gdp growth, transition countries, Economic Growth and Aggregate Productivity: General,

This study examines the growth determinants and the economic policy challenges that Armenia faces to sustain the rapid growth of the past two years. The paper also seeks to answer the following two questions: Why h...

CHAPTER 1. Armenia After a Decade of Reform

CHAPTER 1. Armenia After a Decade of Reform »

Source: Growth and Poverty Reduction in Armenia : Achievements and Challenges

Series: IMF Special Issues

Author(s): Christian Beddies , Enrique Gelbard , James McHugh , Laure Redifer , and Garbis Iradian

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 November 2005

ISBN: 9781589064515

Keywords: Economic growth, Poverty reduction, banking, banking system, tfp, tax revenues, tax administration

This chapter contains an assessment of Armenia’s transition from a state-dominated economy to a market-oriented one during the past 10 years. It begins with a brief discussion of the economic background and...

CHAPTER 3. Fiscal Adjustment

CHAPTER 3. Fiscal Adjustment »

Source: Growth and Poverty Reduction in Armenia : Achievements and Challenges

Series: IMF Special Issues

Author(s): Christian Beddies , Enrique Gelbard , James McHugh , Laure Redifer , and Garbis Iradian

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 November 2005

ISBN: 9781589064515

Keywords: Economic growth, Poverty reduction, banking, banking system, tfp, tax revenues, tax administration

Fiscal consolidation has been the cornerstone of Armenia’s successful stabilization. Between 1995 and 2000, the fiscal adjustment was primarily an expenditure-based phenomenon, and the quasi-fiscal sectors (...

CHAPTER 2. Growth and Poverty Reduction

CHAPTER 2. Growth and Poverty Reduction »

Source: Growth and Poverty Reduction in Armenia : Achievements and Challenges

Series: IMF Special Issues

Author(s): Christian Beddies , Enrique Gelbard , James McHugh , Laure Redifer , and Garbis Iradian

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 09 November 2005

ISBN: 9781589064515

Keywords: Economic growth, Poverty reduction, banking, banking system, tfp, tax revenues, tax administration

This chapter reviews Armenia’s growth performance and poverty indicators since the early 1990s. It seeks to respond to the following four questions: What were the sources of growth? Can the recent rapid grow...