The effects of IMF programs on poverty, income inequality and social expenditure in low income countries: an empirical analysis

IF 3.3 3区 经济学 Q1 DEVELOPMENT STUDIES
G. Bird, Faryal Qayum, D. Rowlands
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引用次数: 7

Abstract

ABSTRACT 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.
IMF项目对低收入国家贫困、收入不平等和社会支出的影响:一项实证分析
本文考察了IMF项目对贫困、收入不平等以及政府教育和卫生支出的影响。它区分了非优惠和优惠计划,并检查了偶然因素的影响;计划的完成程度、国际货币基金组织的资源、最初经济问题的规模和援助依赖性。我们的研究结果表明,总体而言,国际货币基金组织的项目并没有显著加剧贫困和收入不平等;在某些情况下,它们与减少贫困和收入不平等有关。此外,我们发现几乎没有证据表明国际货币基金组织的项目导致了社会支出的大幅削减。
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来源期刊
CiteScore
6.60
自引率
0.00%
发文量
14
期刊介绍: The Journal of Economic Policy Reform focuses on the analysis of economic policy reform. The journal draws upon what lessons can be learned from the successes and failures of countries undertaking reforms and how existing theories can be developed to shed light on positive as well as normative aspects of the reform process. The Journal of Economic Policy Reform encourages work from economists and political economy analysts on policies to promote growth and reduce poverty, intellectual property rights, aid versus trade, debt and debt relief, taxation and social security systems, surveys of key reform issues, as well as on corruption, democracy, emerging markets and the role of multilateral institutions.
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