The impact of IMF-supported programs on FDI in low-income countries /

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Bibliographic Details
Author / Creator:	Al-Sadig, Ali J., author.
Imprint:	[Washington, D.C.] : International Monetary Fund, ©2015.
Description:	1 online resource (38 pages) : color illustrations.
Language:	English
Series:	IMF working paper ; WP/15/157 IMF working paper ; WP/15/157.
Subject:	International Monetary Fund. International Monetary Fund. Economic assistance -- Developing countries -- Econometric models. Investments, Foreign -- Developing countries -- Econometric models. Capital movements -- Developing countries -- Econometric models. Capital movements -- Econometric models. Economic assistance -- Econometric models. Investments, Foreign -- Econometric models. Developing countries.
Format:	E-Resource Book
URL for this record:	http://pi.lib.uchicago.edu/1001/cat/bib/12504650

Hidden Bibliographic Details
Other authors / contributors:	International Monetary Fund. Finance Department.
ISBN:	1513502344 9781513502342 9781513502342 1513530747 9781513530741 1513565737 9781513565736
ISSN:	1018-5941
Notes:	"July 2015." "Finance Department." Includes bibliographical references (pages 21-24). Online resource; title from pdf title page (IMF.org Web site, viewed July 30, 2015).
Summary:	It is common for IMF-supported adjustment programs with low-income member countries (LICs) to project that they will facilitate FDI inflows. The main objective of this paper is to empirically examine this hypothesis. Using an unbalanced panel dataset for 73 low-income countries over the period 1980-2012, and two different econometric methods that address the selection-bias problem, the empirical results robustly show that participating in IMF-supported program is associated with a significant increase in FDI inflows. --Abstract.
Other form:	Print Version: 9781513502342
Standard no.:	10.5089/9781513502342.001

Table of Contents:

Cover; Abstract; Contents; 1. Introduction; 2. Trends and Determinants of FDI Location; Figures; 1. Evaluation of Foreign Direct Investment Inflows to LICs; 3. The Role of IMF-Supported Programs; Boxes; 1. IMF Conditionality on Privatization and Liberalization; 4. Empirical Literature; 5. Empirical Framework; 5.1 The Model; 5.2 The Data; 6. Empirical Results; 6.1 The Results of the Treatment Effect Model; Tables; 1. IMF-Supported Programs and FDI inflows: Maximum Likelihood Estimations; 6.2 The Results of Propensity Score Matching; 6.3 Robustness Check
2. IMF-Supported Programs : Non-Parametric Estimations3. Robsenbaum's Sensitivity Analysis; 7. Conclusions; References; Appendix Tables; 1. Summary Statistics; 2A. Correlation Matrix; 2B. Correlation Matrix; 3. The Determinants of Participations in IMF-Supported Programs; 4. The Determinants of Participations in IMF-Supported Programs: Alternative Estimations; 5. IMF-Supported Programs and FDI inflows: Maximum Likelihood Estimations; 6. IMF-Supported Programs and FDI inflows: Heckman's Two Step Estimations; 7. ECF-Supported Programs and FDI inflows: Maximum Likelihood Estimations
8. IMF-Supported Programs and FDI inflows: Alternative Sampling9. IMF-Supported Programs and FDI inflows: Alternative Estimations; 10. The Impact of IMF-Supported Programs on FDI Inflows: Non-Parametric Estimations; 11. List of PRGT-Eligibility Countries

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