Evaluating the macroeconomic ımpacts of IMF programmes in Latin America, 1975-2004: a GEE analysis
Using panel data for 21 Latin Americancountries over the period 1975–2004, this paper analyzes macroeconomic effects of IMF programmes by using GEE methodology. In line with the results of previous studies, it is shown that these programmes have positive effects on the balance of payments, current a...
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| Format: | Article |
| Language: | English |
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AOSIS
2011-09-01
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| Series: | South African Journal of Economic and Management Sciences |
| Online Access: | https://sajems.org/index.php/sajems/article/view/308 |
| _version_ | 1819117894183682048 |
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| author | Ilhan Ozturk |
| author_facet | Ilhan Ozturk |
| author_sort | Ilhan Ozturk |
| collection | DOAJ |
| description | Using panel data for 21 Latin Americancountries over the period 1975–2004, this paper analyzes macroeconomic effects of IMF programmes by using GEE methodology. In line with the results of previous studies, it is shown that these programmes have positive effects on the balance of payments, current account and investment. However, they negatively affect budget deficit, per capita GDP, FDI, inflation and consumption. |
| first_indexed | 2024-12-22T05:40:14Z |
| format | Article |
| id | doaj.art-fa298adcc31b400abc31205a776c61dc |
| institution | Directory Open Access Journal |
| issn | 1015-8812 2222-3436 |
| language | English |
| last_indexed | 2024-12-22T05:40:14Z |
| publishDate | 2011-09-01 |
| publisher | AOSIS |
| record_format | Article |
| series | South African Journal of Economic and Management Sciences |
| spelling | doaj.art-fa298adcc31b400abc31205a776c61dc2022-12-21T18:37:14ZengAOSISSouth African Journal of Economic and Management Sciences1015-88122222-34362011-09-0111219020210.4102/sajems.v11i2.308112Evaluating the macroeconomic ımpacts of IMF programmes in Latin America, 1975-2004: a GEE analysisIlhan Ozturk0Cag UniversityUsing panel data for 21 Latin Americancountries over the period 1975–2004, this paper analyzes macroeconomic effects of IMF programmes by using GEE methodology. In line with the results of previous studies, it is shown that these programmes have positive effects on the balance of payments, current account and investment. However, they negatively affect budget deficit, per capita GDP, FDI, inflation and consumption.https://sajems.org/index.php/sajems/article/view/308 |
| spellingShingle | Ilhan Ozturk Evaluating the macroeconomic ımpacts of IMF programmes in Latin America, 1975-2004: a GEE analysis South African Journal of Economic and Management Sciences |
| title | Evaluating the macroeconomic ımpacts of IMF programmes in Latin America, 1975-2004: a GEE analysis |
| title_full | Evaluating the macroeconomic ımpacts of IMF programmes in Latin America, 1975-2004: a GEE analysis |
| title_fullStr | Evaluating the macroeconomic ımpacts of IMF programmes in Latin America, 1975-2004: a GEE analysis |
| title_full_unstemmed | Evaluating the macroeconomic ımpacts of IMF programmes in Latin America, 1975-2004: a GEE analysis |
| title_short | Evaluating the macroeconomic ımpacts of IMF programmes in Latin America, 1975-2004: a GEE analysis |
| title_sort | evaluating the macroeconomic impacts of imf programmes in latin america 1975 2004 a gee analysis |
| url | https://sajems.org/index.php/sajems/article/view/308 |
| work_keys_str_mv | AT ilhanozturk evaluatingthemacroeconomicımpactsofimfprogrammesinlatinamerica19752004ageeanalysis |