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Institutional Quality, Macroeconomic Stabilization and Economic Growth: A Case Study of IMF Programme Countries

In: The Economic Impact of International Monetary Fund Programmes

Author

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  • Omer Javed

Abstract

In this chapter the impact of the significant institutional determinants (obtained from Chap. 2 ) is then estimated on real economic growth, both directly, and also indirectly, through the channel of macroeconomic stability. Results mainly validate that institutional determinants overall play a positive role in reducing macroeconomic instability, and through it, and also independently, enhance real economic growth.

Suggested Citation

  • Omer Javed, 2016. "Institutional Quality, Macroeconomic Stabilization and Economic Growth: A Case Study of IMF Programme Countries," Contributions to Economics, in: The Economic Impact of International Monetary Fund Programmes, edition 1, chapter 0, pages 37-72, Springer.
    • Handle: RePEc:spr:conchp:978-3-319-29178-9_3
    DOI: 10.1007/978-3-319-29178-9_3
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    Cited by:

    1. Adamu Jibir & Musa Abdu & Farida Bello & Iliya Garba, 2019. "Do Institutions Promote Firm Performance? Evidence from Sub-Saharan Africa," Review of Market Integration, India Development Foundation, vol. 11(3), pages 111-137, December.
    2. Rabia Haroon & Zainab Jehan, 2022. "Measuring the impact of violence on macroeconomic instability: evidence from developing countries," Portuguese Economic Journal, Springer;Instituto Superior de Economia e Gestao, vol. 21(1), pages 3-30, January.

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