Summary Investigating how lending programs of the International Monetary Fund (IMF) affect poverty and inequality, we explicitly address model uncertainty. We control for endogenous selection into IMF
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
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
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