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

Graham Bird,Faryal Qayum 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...

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