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100 _aBird, Graham and Rowlands, Dane
_957902
245 _aThe effect of IMF programmes on economic growth in low income countries: An empirical analysis
260 _aThe Journal of Development Studies
300 _a53(12), Dec, 2017: p.2179-2196
520 _aUsing an LIC-specific participation model, we adopt a propensity score matching (PSM) methodology to compare economic growth performance in countries with and without IMF programmes over the period 1989–2008. Concessional programmes are found to have had a generally positive effect on economic growth for up to two years after agreements were signed. The effects are contingent on other factors including overall initial economic conditions, recent prior growth performance, aid dependency, debt, IMF resources, recent history of IMF engagement and time period. We examine the implications of the results as the IMF considers how best to support the Sustainable Development Goals.- Reproduced https://www.tandfonline.com/doi/full/10.1080/00220388.2017.1279734
773 _aThe Journal of Development Studies
906 _aECONOMIC DEVELOPMENT
942 _cAR