It takes the average reader 1 hour and 5 minutes to read IMF-Supported Programs in Low Income Countries: Economic Impact over the Short and Longer Term by Mr. Christian Mumssen
Assuming a reading speed of 250 words per minute. Learn more
This paper studies the short and longer-term impact of IMF engagement in Low-Income Countries (LICs) over nearly three decades. In contrast to earlier studies, we focus on a sample composed exclusively of LICs and disentangle the different effects of IMF longer-term engagement and short-term financing using a propensity score matching approach to control for selection bias. Our results indicate that longer-term IMF support (at least five years of program engagement per decade) helped LICs sustain economic growth and boost resilience by building fiscal buffers. Interestingly, the size of IMF financing has no significant impact on economic growth, possibly pointing to the prominent role of IMF policy advice and institutional capacity building in the context of longer-term engagement. We also present evidence that the short-term IMF engagement through augmentations of existing programs or short-term and emergency facilities is positively associated with a wide range of macroeconomic outcomes. Notably, the IMF financial support has the greatest impact on short-term growth when LICs are faced with substantial macroeconomic imbalances or exogenous shocks.
IMF-Supported Programs in Low Income Countries: Economic Impact over the Short and Longer Term by Mr. Christian Mumssen is 64 pages long, and a total of 16,256 words.
This makes it 22% the length of the average book. It also has 20% more words than the average book.
The average oral reading speed is 183 words per minute. This means it takes 1 hour and 28 minutes to read IMF-Supported Programs in Low Income Countries: Economic Impact over the Short and Longer Term aloud.
IMF-Supported Programs in Low Income Countries: Economic Impact over the Short and Longer Term is suitable for students ages 8 and up.
Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.
When deciding what to show young students always use your best judgement and consult a professional.
IMF-Supported Programs in Low Income Countries: Economic Impact over the Short and Longer Term by Mr. Christian Mumssen is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.
To buy IMF-Supported Programs in Low Income Countries: Economic Impact over the Short and Longer Term by Mr. Christian Mumssen on Amazon click the button below.
Buy IMF-Supported Programs in Low Income Countries: Economic Impact over the Short and Longer Term on Amazon