IMF programs and growth: Is optimism defensible?

IMF Staff Papers

Volumn 52, Issue 2, 2005, Pages 260-286

  Baqir, Reza ^a   Ramcharan, Rodney ^b   Sahay, Ratna ^c  

^a Asia and Pacific Department   (United States)

^b INTER AMERICAN DEVELOPMENT BANK   (United States)

^c INTERNATIONAL MONETARY FUND   (United States)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 27144497513     PISSN: 10207635     EISSN: None     Source Type: Book Series    
DOI: None     Document Type: Article

References (22)

1. Baqir, Reza, Rodney Ramcharan, and Ratna Sahay, 2005, "IMF Program Design" in Globalization and the Nation State: The Impact of the IMF and the World Bank, ed. by Gustav Ranis, James Vreeland, and Stephen Kosack (New York: Routledge).
2. Barro, Robert J., and Jong-Wha Lee, 2002, "IMF Programs: Who Is Chosen and What Are the Effects?" NBER Working Paper No. 8951 (Cambridge, Massachusetts: National Bureau of Economic Research), pp. 1-37.
3. Bulíř, A., and S. Moon, 2004, "Is Fiscal Adjustment More Durable When the IMF Is Involved?" Comparative Economic Studies, Vol, 46 (September), pp. 373-99.
4. Conway, P., 1994, "IMF Lending Programs: Participation and Impact," Journal of Development Economics, Vol. 45 (December), pp. 365-91.
5. Dicks-Mireaux, Louis, Mauro Mecagni, and Susan Schadler, 2000, "Evaluating the Effect of IMF Lending to Low-Income Countries," Journal of Development Economics, Vol. 61 (April), pp. 495-526.
6. Ghosh, A., T. Lane, M. Schultze-Ghattas, A. Bulíř, J. Hamann, and A. Mourmouras, 2002, IMF-Supported Programs in Capital Account Crises: Design and Experience, IMF Occasional Paper No. 210 (Washington: International Monetary Fund).
7. Goldstein, Morris, and P. Montiel, 1986, "Evaluating Fund Stabilization Programs with Multi-country Data: Some Methodological Pitfalls," Staff Papers, International Monetary Fund, Vol. 33 (June), pp. 304-44.
8. Haque, Nadeem Ul, and Mohsin S. Khan, 1998, "Do IMF-Supported Programs Work? A Survey of Cross-Country Empirical Evidence," IMF Working Paper 98/169 (Washington: International Monetary Fund).
9. Helbling, Thomas, Ashoka Mody, and Rama Sahay, 2003, "Debt Accumulation in the CIS-7 Countries: Bad Luck, Bad Policies, or Bad Advice?" RAF Working Paper 04/93 (Washington: International Monetary Fund).
10. Independent Evaluation Office, 2004, Fiscal Adjustment in IMF-Supported Programs (Washington: International Monetary Fund).
11. International Monetary Fund, 2004, The Design of Fund Supported Programs - Overview (Washington).
12. Kaminsky, Graciela L., Carmen M. Reinhart, and Carlos A. Végh, 2004, "When It Rains, It Pours: Procyclical Capital Flows and Macroeconomic Policies," in NBER Macroeconomics Annual, ed. by Mark Gertler and Kenneth Rogoff (Cambridge, Massachusetts: MIT Press).
13. Knight, Malcolm, and Julio A. Santaella, 1997, "Economic Determinants of IMF Financial Arrangements," Journal of Development Economics, Vol. 54, No. 2, pp. 405-36.
14. Khan, Mohsin S., 1990, "The Macroeconomic Effects of IMF-Supported Adjustment Programs," Staff Papers, International Monetary Fund, Vol. 37 (June), pp. 195-231.
15. Khan, Mohsin S., and M. Knight, 1981, "Stabilization Programs in Developing Countries: A Formal Framework," Staff Papers, International Monetary Fund, Vol. 28 (March), pp-1-53.
16. Khan, Mohsin S., 1985, Fund-Supported Programs and Economic Growth, IMF Occasional Paper No. 41 (Washington: International Monetary Fund).
17. Mussa, Michael, and Miguel Savastano, 1999, "The IMF Approach to Economic Stabilization," IMF Working Paper 99/104 (Washington: International Monetary Fund).
18. Musso, Alberto and Steven Phillips, 2002, "Comparing Projections and Outcomes of IMF-Supported Programs," IMF Staff Papers, Vol. 49, No. 1, pp. 22-48.
19. Nsouli, S., R. Atoian, and A. Mourmouras, 2004, "Institutions, Program Implementation, and Macroeconomic Performance," IMF Working Paper 04/ 184 (Washington: International Monetary Fund).
20. Przeworski, Adam, and J. R. Vreeland, 2000, "The Effect of IMF Programs on Economic Growth," Journal of Development Economics, Vol. 62, No. 2, pp. 385-421.
21. Santaella, J., 1995, "Four Decades of Fund Arrangements: Macroeconomics Stylized Facts Before the Adjustment Programs," IMF Working Paper 95/74 (Washington: International Monetary Fund).
22. Stiglitz, Joseph, 2003, Globalization and Its Discontents (New York: W. W. Norton & Co.).