Category Archives: IMF

This category considers publications from the International Monetary Fund.

Bolivia – defiant and prosperous as a result

There was a UK Guardian article yesterday (October 15, 2014) – Evo Morales has proved that socialism doesn’t damage economies – that recounted the recent economic history of Bolivia. There has been growing awareness in the Western press of what … Read the rest of this entry »

Posted in Economics, IMF | 7 Comments

The myopia of neo-liberalism and the IMF is now evident to all

The IMF published its October – World Economic Outlook – yesterday (October 7, 2014) and the news isn’t good. And remember this is the IMF, which is prone to overestimating growth, especially in times of fiscal austerity. What we are … Read the rest of this entry »

Posted in Economics, Eurozone, IMF, Japan | 10 Comments

G20 meetings and structure part of the problem

There are parallel universes operating when it comes to neo-liberal politicians attempting to deal with reality. The G20 Finance Ministers and Central Bank Governors concluded their weekend talkfest in Cairns yesterday and you might be excused for thinking there is … Read the rest of this entry »

Posted in Economics, IMF, Politics | 5 Comments

IMF wrong on QE

Yesterday the IMF released new analysis of Quantitative Easing, specifically in relation to the Euro Area – Euro Area – Q&A on QE. This is in the context of the ECB beginning to discuss the possibility of introducing a large … Read the rest of this entry »

Posted in Economics, Eurozone, IMF | 10 Comments

IMF attacks the Stability and Growth Pact

The IMF recently called on the euro-zone leaders to In its 2014 Consultation – 2014 Article IV Consultation with the Euro Area Concluding Statement of the IMF Mission – (an annual event the IMF does with each contributing member) the … Read the rest of this entry »

Posted in Eurozone, IMF | 4 Comments

IMF still away with the pixies

The abysmal performance of the IMF in recent years has been one of the side stories of the Global Financial Crisis. They have consistently hectored nations about cutting deficits using models that were subsequently shown to be deeply flawed. They … Read the rest of this entry »

Posted in IMF, Japan | 7 Comments

The blood on the criminals’ hands is thick and won’t wash away

On Monday (July 8, 2013), the IMF released its “preliminary findings” of the – Article IV Consultation with the Euro Area. The nomenclature and turn of phrase alone are symptomatic of the organisation’s incapacity to come to terms of the … Read the rest of this entry »

Posted in Economics, IMF | 18 Comments

The case to defund the Fund

Imagine a patient that goes in for surgery to fix an in-grown toe-nail. She comes out in a wheelchair after the surgeon has trimmed a little more than expected from the toe. The result is she loses her whole leg … Read the rest of this entry »

Posted in Eurozone, IMF | 6 Comments

Neo-liberalism – the antithesis to democracy

I recall a professor in my student days (formal that is, given we are always students if we remain open) telling a postgraduate class that economic development could only occur if the social democratic pretensions of the left, including tolerance … Read the rest of this entry »

Posted in Eurozone, IMF, UK Economy | 9 Comments

ILO …. ILF … IMF

The International Labour Organization (ILO) released its latest – Global Employment Trends 2013 – yesterday (January 22, 2013), which carried the sub-title “Recovering from a second jobs dip”. The way things are going in policy circles next year’s ILO Trends … Read the rest of this entry »

Posted in Economics, IMF | 9 Comments