In theory, the IMF could influence economic growth via several channels, among them advice to policy makers, money … for 98 countries over the period 1970-2000 it analyzes whether IMF involvement influences economic growth in program … countries. Consistent with the results of previous studies, it is shown that IMF programs reduce growth rates when their …

A local stability condition for the standard neo-classical Ramsey growth model is derived. The proposed setting is …

The current paper, first, finds that although the post-independence growth of African economies has fallen … uncovers total factor productivity as the primary culprit underlying the generally dismal growth record. Third, reflecting … recent evidence, the paper finds that policy syndromes represent a major culprit explaining the growth performance, with …