Do IMF-Supported Programs Work? : A Survey of the Cross-Country Empirical Evidence.

Over the last two decades a number of cross-country empirical studies have been undertaken to assess whether IMF-supported adjustment programs have led to an improved balance of payments and current account balance, lower inflation, and higher growth. These studies use a variety of methodologies and...

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Detaylı Bibliyografya
Müşterek Yazar: International Monetary Fund
Materyal Türü: Dergi
Dil:English
Baskı/Yayın Bilgisi: Washington, D.C. : International Monetary Fund, 1998.
Seri Bilgileri:IMF Working Papers; Working Paper ; No. 1998/169
Online Erişim:Full text available on IMF
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245 1 0 |a Do IMF-Supported Programs Work? :   |b A Survey of the Cross-Country Empirical Evidence. 
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500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
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520 3 |a Over the last two decades a number of cross-country empirical studies have been undertaken to assess whether IMF-supported adjustment programs have led to an improved balance of payments and current account balance, lower inflation, and higher growth. These studies use a variety of methodologies and cover different country samples and time periods. This paper critically surveys the evidence yielded by the cross-country studies, paying special attention to the pros and cons of the respective empirical methodologies employed. These studies, particularly the more recent ones, conclude that IMF-supported programs have generally been successful in stabilizing the economy. 
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830 0 |a IMF Working Papers; Working Paper ;  |v No. 1998/169 
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