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The effects of IMF programs on poverty, income inequality and social expenditure in low income countries: an empirical analysis
被引:9
作者:
Bird, Graham
[1
,2
]
Qayum, Faryal
[3
]
Rowlands, Dane
[4
]
机构:
[1] Claremont Grad Univ, Dept Econ Sci, Claremont, CA USA
[2] Claremont Inst Econ Policy Studies, Claremont, CA USA
[3] Natl Univ Sci & Technol, Dept Econ, Islamabad, Pakistan
[4] Carleton Univ, Norman Paterson Sch Int Affairs, Ottawa, ON, Canada
关键词:
International Monetary Fund;
developing countries;
propensity score matching;
poverty;
income inequality;
social expenditure;
ECONOMIC-GROWTH;
TRADE;
IMPLEMENTATION;
LIBERALIZATION;
HEALTH;
D O I:
10.1080/17487870.2019.1689360
中图分类号:
F0 [经济学];
F1 [世界各国经济概况、经济史、经济地理];
C [社会科学总论];
学科分类号:
0201 ;
020105 ;
03 ;
0303 ;
摘要:
This paper examines the effect of IMF programs on poverty, income inequality and government expenditure on education and health. It distinguishes between non-concessional and concessional programs and examines the effect of contingent factors; program completion, IMF resources, the size of the initial economic problems and aid dependency. Our findings suggest that, in general, IMF programs have not significantly increased poverty and income inequality; in some instances they are associated with reduced poverty and income inequality. Moreover, we find little evidence that IMF programs lead to severe cuts in social expenditure.
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页码:170 / 188
页数:19
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