The IMF Blasts The U.S.
The IMF has become pretty critical of the US economic model, arguing it isn’t addressing rising inequality, stagnant wages, declining participation and social mobility and high poverty levels. While this […]
The IMF has become pretty critical of the US economic model, arguing it isn’t addressing rising inequality, stagnant wages, declining participation and social mobility and high poverty levels. While this […]
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. […]
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 ‘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 […]
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 […]