The economic impact of IMF-supported programs in low-income countries
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The economic impact of IMF-supported programs in low-income countries

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Description

This paper aims to assess the economic impact of the Funds support through its facilities for low-income countries (LICs). It relies on two complementary econometric analyses: the first investigates the longer-term impact of Fund engagementprimarily through successive medium-term programs under the Extended Credit Facility (ECF) and its predecessors (and more recently the Policy Support Instrument (PSI))on economic growth and a range of other indicators and socio-economic outcomes; the second focuses on the role of IMF shock-related financingthrough augmentations of ECF arrangements and short-term and emergency financing instrumentson short-term macroeconomic performance.
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Product details

  • Paperback | 58 pages
  • 178.05 x 280 x 4.06mm | 249.48g
  • London, United Kingdom
  • English
  • col. ill., col. map
  • 1484394712
  • 9781484394717