IMF Staff papers, Volume 37 No. 2.
This paper examines the macroeconomic effects of IMF-supported adjustment programs. The evidence is reviewed for such effects, and new estimates are provided of these effects for 69 developing countries with programs during 1973-88. The empirical analysis indicates that in the short term, programs h...
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| Natura: | Periodico |
| Lingua: | English |
| Pubblicazione: |
Washington, D.C. :
International Monetary Fund,
1990.
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| Serie: | IMF Staff Papers; IMF Staff Papers ;
No. 1990/002 |
| Accesso online: | Full text available on IMF |
| Riassunto: | This paper examines the macroeconomic effects of IMF-supported adjustment programs. The evidence is reviewed for such effects, and new estimates are provided of these effects for 69 developing countries with programs during 1973-88. The empirical analysis indicates that in the short term, programs have led to an improvement in the current account and the balance of payments, a lowering of inflation, and a decline in growth. In the longer term, the positive effects of programs on the external balance and inflation are strengthened, and the adverse growth effects reduced. |
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| Descrizione del documento: | <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required |
| Descrizione fisica: | 1 online resource (263 pages) |
| Natura: | Mode of access: Internet |
| ISSN: | 1020-7635 |
| Accesso: | Electronic access restricted to authorized BRAC University faculty, staff and students |