IMF-Supported Macroeconomic Policies and the World Recession: A Look at Forty-One Borrowing Countries

Mark Weisbrot, Rebecca Ray, Jake Johnston () and Jose Cordero

CEPR Reports and Issue Briefs from Center for Economic and Policy Research (CEPR)

Abstract: This paper finds that 31 of 41 of countries with current International Monetary Fund (IMF) agreements have been subjected to pro-cyclical macroeconomic policies that, during the current global recession, would be expected to have exacerbated economic slowdowns.

Keywords: IMF (search for similar items in EconPapers)
JEL-codes: E E3 E32 E5 E52 F F3 F33 F34 F35 F37 O O1 O2 O3 O4 O5 (search for similar items in EconPapers)
Pages: 97 pages
Date: 2009-10
New Economics Papers: this item is included in nep-mac and nep-pke
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Citations: View citations in EconPapers (21)

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Persistent link: https://EconPapers.repec.org/RePEc:epo:papers:2009-37

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