Both sides on the Greek debt negotiations have made grave mistakes. Greece has been extraordinarily profligate until the financial crisis and has done too little in terms of structural reforms. The creditors should recognize Greece will not be able to pay back its debt and the imposed austerity has been counterproductive even on its own […]
Entries Tagged as 'IMF'
January 1st, 2016 · Comments Off on Has The IMF Gone Rogue? | Seeking Alpha
April 10th, 2013 · Comments Off on The IMF And The Fiscal Multiplier – Seeking Alpha
And now, after collecting data in the years following the Great Recession, the IMF concedes (pdf) that fiscal multipliers are probably considerably larger than previously thought. Coming from the IMF, the institution that insists on austerity at basically every crisis it is called to, this is a big deal. via The IMF And The Fiscal […]
April 10th, 2013 · Comments Off on IMF; big banks more dangerous than ever
The ‘oversize banking’ model of too-big-to-fail is more dangerous than ever. We must get to the root of the problem with comprehensive and clear regulation. Christine Lagarde, managing director of the IMF via IMF; big banks more dangerous than ever.
April 9th, 2013 · Comments Off on The dog that did not bark, at least not yet..
Fears that flooding the global economy with cheap money will lead to runaway inflation have been rejected by the International Monetary Fund as it gave strong backing to attempts by central banks to boost growth. via The dog that did not bark, at least not yet…