Abstract Using an LIC-specific participation model, we adopt a propensity score matching (PSM) methodology to compare economic growth performance in countries with and without IMF programmes over the
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-concessi
Which of the following do you think is the most important need in developing countries? Free health services for all to reduce child and maternal mortality Universal and decent quality education to pr
Energy subsidies are often a major drain on the resources of developing countries. Energy subsidies are inefficient, and lead to overconsumption of fossil fuels—reducing the incentive to use cleaner e
Nancy Birdsall and Anna Diofasi RELATED EXPERTS Anna Diofasi Former Policy Analyst Nancy Birdsall Senior Fellow, President Emeritus For at least five years the IMF has been badgering its members about
The Middle East and North Africa (MENA) region plays a central role in the global oil and natural gas markets. The region is home to more than 52 and 42 percent of global crude oil and natural gas pro
By Prof. John A. Mathews Professor of Strategy at Macquarie Graduate School of Management in Sydney, Australia and author of Greening of Capitalism There was a time when arguments about development an
Abstract We analyze the potential welfare effect of energy subsidy reforms. The income distributions of eleven developing countries from different geographical regions are simulated using the assumpti
Abstract Fossil fuel subsidies are widespread in developing countries, where reform efforts are often derailed by disputes over the likely distribution of gains and losses. The impacts of subsidy refo
The adverse effects of energy subsidies have been widely documented. While recent decreases in international oil prices have provided a welcome respite, past experience has highlighted the need for ca
Following are UN Secretary-General António Guterres’ remarks, as delivered, to the Twenty-sixth Session of the Conference of the Parties to the United Nations Framework Convention on Climate Change (C
Energy Subsidy Reform Facility (ESRF) has been at the forefront of knowledge creation and dissemination on the topic of energy subsidies. ESRF provided over US$14 million of World Bank-executed Techni
