IMF-Supported Programs and Income Convergence in Low-Income Countries /

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...

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Bibliografske podrobnosti
Glavni avtor: Pradhan, Tejesh
Drugi avtorji: Al-Sadiq, Ali
Format: Revija
Jezik:English
Izdano: Washington, D.C. : International Monetary Fund, 2018.
Serija:IMF Working Papers; Working Paper ; No. 2018/284
Online dostop:Full text available on IMF
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500 |a <strong>On-Campus Access:</strong> No User ID or Password Required 
506 |a Electronic access restricted to authorized BRAC University faculty, staff and students 
520 3 |a 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. 
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700 1 |a Al-Sadiq, Ali. 
830 0 |a IMF Working Papers; Working Paper ;  |v No. 2018/284 
856 4 0 |z Full text available on IMF  |u http://elibrary.imf.org/view/journals/001/2018/284/001.2018.issue-284-en.xml  |z IMF e-Library