Description |
1 online resource (33 pages) : color illustrations |
Series |
IMF working paper ; WP/14/202 |
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IMF working paper ; WP/14/202.
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Contents |
Cover; Contents; Abbreviations and Acronyms; I. Introduction; II. Literature Review; III. Defining the Catalytic Impact on ODA; IV. Methodology; A. Data; Figure; 1. ODA and Foreign Direct Investment (FDI), medians over 1980-2010; B. Propensity Score Matching; Tables; 1. Demand for Fund Financing in Response to Policy and/or External Shocks; V. Results; 2. Sample Description: Distribution of Propensity scores across the Treatment and the; 3. The Catalytic Impact of IMF-supported Programs on Change in Disbursements of |
Summary |
This study explores whether IMF-supported programs in low-income countries (LICs) catalyze Official Development Assistance (ODA). Based on a comprehensive set of ODA measures and using Propensity Score Matching approach to address selection bias, we show that programs addressing policy or exogenous shocks have a significant catalytic impact on both the size and the modality of ODA. Moreover, the impact is greatest when LICs are faced with substantial macroeconomic imbalances or large shocks. Nevertheless, when countries attracting similar donor assistance before shocks are matched results for bilateral ODA turn insignificant, suggesting that the catalytic impact is attributed primarily to multilateral ODA. --Abstract |
Notes |
"November 2014." |
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"Strategy, Policy, and Review Department." |
Bibliography |
Includes bibliographical references (pages 30-32) |
Notes |
Online resource; title from pdf title page (IMF.org Web site, viewed November 13, 2014) |
Subject |
International Monetary Fund -- Developing countries
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SUBJECT |
International Monetary Fund fast |
Subject |
Economic assistance -- Developing countries
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Economic assistance
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Developing countries
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Form |
Electronic book
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Author |
Crystallin, Masyita, author.
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International Monetary Fund. Strategy, Policy, and Review Department, issuing body.
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ISBN |
9781498302739 |
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1498302734 |
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