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dc.contributor.authorHajro, Zlataen_US
dc.contributor.authorJoyce, Joseph P.en_US
dc.date.accessioned2009-01-29T15:50:59Z-
dc.date.available2009-01-29T15:50:59Z-
dc.date.issued2004en_US
dc.identifier.urihttp://hdl.handle.net/10419/23223-
dc.description.abstractThis paper uses a fixed-effects model to analyze the effect of IMF programs on poverty with data from 82 countries during 1985 to 2000. Two indicators of poverty, infant mortality rates and the Human Development Index (HDI), are utilized, and the effects of the IMF?s concessionary and nonconcessionary programs are investigated, as well as economic and governance factors. The results show that the IMF?s programs have no significant direct impact on poverty. Growth and good governance, however, both have significant impacts, lowering infant mortality and increasing the HDI. The Fund?s concessionary programs increase the impact of growth on lowering infant mortality, while the nonconcessionary programs lower the impact of growth on the HDI. We also test for the impact of IMF programs on growth. Concessionary programs have a significant contemporaneous positive effect, while nonconcessionary programs have a significant lagged positive effect.en_US
dc.language.isoengen_US
dc.publisheren_US
dc.relation.ispartofseriesWorking Papers / Wellesley College, Department of Economics 2004,01en_US
dc.subject.jelF33en_US
dc.subject.jelO19en_US
dc.subject.ddc330en_US
dc.subject.keywordIMF programs ; poverty ; openness; governanceen_US
dc.subject.stwArmuten_US
dc.subject.stwInternationaler Krediten_US
dc.subject.stwKindersterblichkeiten_US
dc.subject.stwEntwicklungsindikatoren_US
dc.subject.stwArmutspolitiken_US
dc.subject.stwEntwicklungsländeren_US
dc.subject.stwInternational Monetary Funden_US
dc.titleA True Test: Do IMF Programs Hurt the Poor?en_US
dc.typeWorking Paperen_US
dc.identifier.ppn396125115en_US
dc.rightshttp://www.econstor.eu/dspace/Nutzungsbedingungen-
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