European Parliament Library

The Impact of IMF-Supported Programs on FDI in Low-income Countries, Ali Al-Sadiq

It is common for IMF-supported adjustment programs with low-income member countries (LICs) to project that they will facilitate FDI inflows. The main objective of this paper is to empirically examine this hypothesis. Using an unbalanced panel dataset for 73 low-income countries over the period 1980–2012, and two different econometric methods that address the selection-bias problem, the empirical results robustly show that participating in IMF-supported program is associated with a significant increase in FDI inflows
Table Of Contents
Cover; Abstract; Contents; 1. Introduction; 2. Trends and Determinants of FDI Location; Figures; 1. Evaluation of Foreign Direct Investment Inflows to LICs; 3. The Role of IMF-Supported Programs; Boxes; 1. IMF Conditionality on Privatization and Liberalization; 4. Empirical Literature; 5. Empirical Framework; 5.1 The Model; 5.2 The Data; 6. Empirical Results; 6.1 The Results of the Treatment Effect Model; Tables; 1. IMF-Supported Programs and FDI inflows: Maximum Likelihood Estimations; 6.2 The Results of Propensity Score Matching; 6.3 Robustness Check
Literary Form
non fiction
Description based upon print version of record
Physical Description
1 online resource (39 p.)
Specific Material Designation
Form Of Item

Library Locations

  • EP Library Luxembourg

    Rue du Fort Thüngen, Luxembourg, L-1313, LU
  • EP Library Strasbourg

    7 Place Adrien Zeller, Allée du Printemps, Strasbourg, F-67070, FR
  • EP Library Brussels

    60 rue Wiertz, Brussels, B-1047, BE