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portada The Economic Impact of International Monetary Fund Programmes: Institutional Quality, Macroeconomic Stabilization and Economic Growth
Type
Physical Book
Author
Publisher
Language
English
Pages
125
Format
Paperback
Dimensions
23.4 x 15.6 x 0.8 cm
Weight
0.22 kg.
ISBN13
9783319805092
Categories

The Economic Impact of International Monetary Fund Programmes: Institutional Quality, Macroeconomic Stabilization and Economic Growth

Omer Javed (Author) · Springer · Paperback

The Economic Impact of International Monetary Fund Programmes: Institutional Quality, Macroeconomic Stabilization and Economic Growth - Javed, Omer

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Synopsis "The Economic Impact of International Monetary Fund Programmes: Institutional Quality, Macroeconomic Stabilization and Economic Growth"

This book investigates the impact of International Monetary Fund (IMF) programmes on macroeconomic instability and economic growth in recipient countries. Employing the New Institutional Economics approach as an analytical framework, it identifies the determinants of economic and political institutional quality by taking into account a broad variety of indicators such as parliamentary forms of government, the aggregate governance level, civil and economic liberties, property rights etc. The book subsequently estimates the impact of these institutional determinants on real economic growth, both directly and also indirectly, through the channel of macroeconomic instability, in recipient countries. Moreover, it illustrates the effectiveness of IMF programmes in the case of Pakistan, a frequent user of IMF resources.

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