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.
引用
收藏
页码:170 / 188
页数:19
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