Overview
- Demonstrates how New Institutional Economics can be applied to improve IMF programmes
- Identifies the determinants of economic and political institutional quality
- Provides a case study of IMF programmes and institutional quality determinants in Pakistan
Part of the book series: Contributions to Economics (CE)
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Table of contents (5 chapters)
Keywords
About this book
This book investigates the impact of International Monetary Fund (IMF) programmes on macroeconomic instability and economic growth in recipient countries. Employing the New Institutional Economics approach as an analytical framework, it identifies the determinants of economic and political institutional quality by taking into account a broad variety of indicators such as parliamentary forms of government, the aggregate governance level, civil and economic liberties, property rights etc. The book subsequently estimates the impact of these institutional determinants on real economic growth, both directly and also indirectly, through the channel of macroeconomic instability, in recipient countries. Moreover, it illustrates the effectiveness of IMF programmes in the case of Pakistan, a frequent user of IMF resources.
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Bibliographic Information
Book Title: The Economic Impact of International Monetary Fund Programmes
Book Subtitle: Institutional Quality, Macroeconomic Stabilization and Economic Growth
Authors: Omer Javed
Series Title: Contributions to Economics
DOI: https://doi.org/10.1007/978-3-319-29178-9
Publisher: Springer Cham
eBook Packages: Economics and Finance, Economics and Finance (R0)
Copyright Information: Springer International Publishing Switzerland 2016
Hardcover ISBN: 978-3-319-29177-2Published: 29 March 2016
Softcover ISBN: 978-3-319-80509-2Published: 20 April 2018
eBook ISBN: 978-3-319-29178-9Published: 17 March 2016
Series ISSN: 1431-1933
Series E-ISSN: 2197-7178
Edition Number: 1
Number of Pages: XXI, 125
Number of Illustrations: 2 illustrations in colour
Topics: Macroeconomics/Monetary Economics//Financial Economics, Institutional/Evolutionary Economics, Public Finance, International Political Economy, Economic Growth