Konferenzbeitrag
IMF and Economic Growth: The Effects of Programs, Loans, and Compliance with Conditionality
In theory, the IMF could influence economic growth via several channels, among them advice to policy makers, money disbursed under its programs, and its conditionality. This paper tries to disentangle those effects empirically. Using panel data for 98 countries over the period 1970-2000 it analyzes whether IMF involvement influences economic growth in program countries. Consistent with the results of previous studies, it is shown that IMF programs reduce growth rates when their endogeneity is accounted for. There is only weak evidence that compliance with conditionality mitigates this negative effect. IMF loans have no statistically significant impact.
- Sprache
-
Englisch
- Erschienen in
-
Series: Proceedings of the German Development Economics Conference, Kiel 2005 ; No. 11
- Klassifikation
-
Wirtschaft
International Lending and Debt Problems
International Monetary Arrangements and Institutions
Comparative Studies of Countries
- Thema
-
IMF programs
growth
compliance
conditionality
- Ereignis
-
Geistige Schöpfung
- (wer)
-
Dreher, Axel
- Ereignis
-
Veröffentlichung
- (wer)
-
Verein für Socialpolitik, Ausschuss für Entwicklungsländer
- (wo)
-
Hannover
- (wann)
-
2005
- Handle
- Letzte Aktualisierung
-
20.09.2024, 08:22 MESZ
Datenpartner
Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Konferenzbeitrag
Beteiligte
- Dreher, Axel
- Verein für Socialpolitik, Ausschuss für Entwicklungsländer
Entstanden
- 2005
Ähnliche Objekte (12)
IMF conditionality: Theory and evidence
The development and implementation of IMF and World Bank conditionality
Aid and growth. New evidence using an excludable instrument
Power to the people? The impact of decentralization on governance
Financing for Sustainable Development: Emerging Issues and Actors
Essays in Political Economy: Historical Natural Experiments and Economic Development
Essays on the Economics of Crime in Mexico
Geospatial Analyses of Natural Disasters: Economic Impacts, Societal Responses, and Political Bias
CHALLENGES OF GLOBALIZATION FOR INTERNATIONAL MOBILITY, SOCIAL SECURITY AND ENVIRONMENTAL SUSTAINABILITY
The political economy of international financial flows to developing countries
Essays on the Allocation, Effectiveness and Coordination of Development Aid
Essays in Political Economy
IMF conditionality: Theory and evidence
The development and implementation of IMF and World Bank conditionality
Aid and growth. New evidence using an excludable instrument
Power to the people? The impact of decentralization on governance
Financing for Sustainable Development: Emerging Issues and Actors
Essays in Political Economy: Historical Natural Experiments and Economic Development
Essays on the Economics of Crime in Mexico
Geospatial Analyses of Natural Disasters: Economic Impacts, Societal Responses, and Political Bias
CHALLENGES OF GLOBALIZATION FOR INTERNATIONAL MOBILITY, SOCIAL SECURITY AND ENVIRONMENTAL SUSTAINABILITY
The political economy of international financial flows to developing countries
Essays on the Allocation, Effectiveness and Coordination of Development Aid
Essays in Political Economy
IMF conditionality: Theory and evidence
The development and implementation of IMF and World Bank conditionality
Aid and growth. New evidence using an excludable instrument
Power to the people? The impact of decentralization on governance
Financing for Sustainable Development: Emerging Issues and Actors
Essays in Political Economy: Historical Natural Experiments and Economic Development
Essays on the Economics of Crime in Mexico
Geospatial Analyses of Natural Disasters: Economic Impacts, Societal Responses, and Political Bias
CHALLENGES OF GLOBALIZATION FOR INTERNATIONAL MOBILITY, SOCIAL SECURITY AND ENVIRONMENTAL SUSTAINABILITY
The political economy of international financial flows to developing countries
Essays on the Allocation, Effectiveness and Coordination of Development Aid