 Concluding RemarksOmer Javed Chapter Chapter 5 in The Economic Impact of International Monetary Fund Programmes, 2016, pp 121-125 from Springer Abstract: Abstract 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, by conducting counterfactual analysis it illustrates the impact of enhanced focus of IMF programmes towards improving institutional quality, on the situation of macroeconomic stability and economic growth in the case of Pakistan, a frequent user of IMF resources. Keywords: Real Economic Growth; Institutional Quality; Macroeconomic Instability; Parliamentary Form; Sustained Macroeconomic Stability (search for similar items in EconPapers) There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it. Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:spr:conchp:978-3-319-29178-9_5 Ordering information: This item can be ordered from DOI: 10.1007/978-3-319-29178-9_5 Access Statistics for this chapter More chapters in Contributions to Economics from Springer |
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