A result of these recent advances the imf supported programs in transition economies appropriateness effectiveness and impact are becoming integrated into the daily lives of many people in professional recreational and education environments the imf supported programs in transition economies appropriateness effectiveness and impact are not only. Transition economies an imf perspective on progress and prospects giving their central banks considerable independence to pursue tight monetary policies or accepted the discipline of imf supported macroeconomic programs this too helped check new evidence from the economic transition in poland imf working paper 00 117 . Economies oadvent of structural programs eg esaf hipc initiative and the bk 2010 the impact of the international monetary funds macroeconomic policies on the aids pandemic international journal of health services 402 347 363 m yousefi r 2018 expenditure conditionality in imf supported programs . Previous studies on the effectiveness of imf programmes focus on developing economies see among others przeworski and vreeland 2000 evrensel 2002 there is limited empirical evidence on the role of imf supported policies in transition economies due to data limitations available studies have taken a descriptive approach. This paper aims to assess the economic impact of the imfs support through its facilities for low income countries it relies on two complementary econometric analyses the first investigates the longer term impact of imf engagement primarily through successive medium term programs under the extended credit facility and its predecessors and more recently the policy support instrument
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