ON THE CAUSALITY BETWEEN IMF CREDITS AND MACROECONOMIC INDICATORS: EVIDENCE FROM DEVELOPING COUNTRIES, 1975-2004
[ X ]
Tarih
2009
Yazarlar
Dergi Başlığı
Dergi ISSN
Cilt Başlığı
Yayıncı
Routledge Journals, Taylor & Francis Ltd
Erişim Hakkı
info:eu-repo/semantics/closedAccess
Özet
Using panel data for 88 developing countries over the period 1975-2004, this paper analyzes the way of causality between selected ten macroeconomic variables and IMF credits. The causality has been found between IMF credits and macroeconomic indicators in eight out of ten cases in the study. Consequently, overall, it can be said that IMF credits (or IMF stabilization programs) are worsening the macroeconomic performance of developing countries rather than improving their economic problems.
Açıklama
Anahtar Kelimeler
IMF, Developing countries, Panel Unit Roots, Granger Causality
Kaynak
Economic Research-Ekonomska Istrazivanja
WoS Q Değeri
N/A
Scopus Q Değeri
Cilt
22
Sayı
1
