European Parliament Library

Economic Impact of IMF-Supported Programs in Low-Income Countries, edited by Yasemin Bal-Gunduz [and three others]

This paper aims to assess the economic impact of the IMF’s support through its facilities for low-income countries. It relies on two complementary econometric analyses: the first investigates the longer-term impact of IMF engagement—primarily through successive medium-term programs under the Extended Credit Facility and its predecessors (and more recently the Policy Support Instrument)—on economic growth and a range of other indicators and socioeconomic outcomes; the second focuses on the role of IMF shock-related financing—through augmentations of Extended Credit Facility arrangements and short-term and emergency financing instruments—on short-term macroeconomic performance
Table Of Contents
Cover; Contents; Preface; Acronyms; 1. Overview; Figures; 1.1. Low-Income Countries: Number of Years of IMF-Supported Program Engagement, 1986-2011; 2. The Evolution of IMF Program Engagement; The Origins of IMF Engagement; 2.1. Number of Low-Income Countries with an IMF Facility in Place, and New Concessional Commitments; 2.2. Economic Performance of Low-Income Countries; 2.3. Economic Performance of ESAF and Non-ESAF Low-Income Countries, 1981-85; Boxes; 2.1. Debt Relief; 2.2. IMF Engagement in Georgia; Strengthened Focus on Poverty Reduction; 2.3. IMF Engagement in Rwanda
Literary Form
non fiction
First edition.
Description based upon print version of record
Physical Description
1 online resource (61 p.)
Specific Material Designation
Form Of Item

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