Evaluating the macroeconomic impacts of IMF programs in Latin America, 1975-2004: A GEE analysis

[ X ]

Tarih

2008

Dergi Başlığı

Dergi ISSN

Cilt Başlığı

Yayıncı

Aosis

Erişim Hakkı

info:eu-repo/semantics/closedAccess

Özet

Using panel data for 21 Latin American countries over the period 1975-2004, this paper analyses macroeconomic effects of IMF programmes by using GEE methodology. In line with the results of previous studies, it is shown that these programmes have positive effects on the balance of payments, current account and investment. However, they negatively affect budget deficit, per capita GDP, FDI, inflation and consumption.

Açıklama

Anahtar Kelimeler

Kaynak

South African Journal of Economic and Management Sciences

WoS Q Değeri

Q4

Scopus Q Değeri

Cilt

11

Sayı

2

Künye