Category Archives: IMF

Paul Krugman: Greek Regrets


  The IMF has released a fairly remarkable piece of self-criticism (pdf) over policy in Greece. On a first read, the report seems to suggest two main failings on the IMF’s part: it failed to acknowledge early on that Greece … Continue reading

Posted in Austerity, Greek, HomeWork, IMF, Paul Krugman, Troika | Leave a comment

Press Release: IMF Assessment of Financial Stability in Europe: Much Achieved to Address the Crisis but Vulnerabilities Remain and Intensified Efforts Needed


  Press Release No. 13/79March 15, 2013 In its first-ever overall assessment of the soundness and stability of the European Union’s financial sector, under its Financial Sector Assessment Program (FSAP), International Monetary Fund (IMF) says that much has been achieved … Continue reading

Posted in Europe, IMF | Leave a comment

Paul Krugman: The IMF on the Austerity Trap


  The IMF has just released a new paper on austerity that is kind of heavy going (unnecessarily, I think), but ends up making a simple but important point. Suppose that a government imposes fiscal austerity in a realistic fashion, … Continue reading

Posted in Austerity, IMF, Paul Krugman | Leave a comment

IMF: Better late than never but never late is better


The Challenge of Debt Reduction during Fiscal Consolidation by Luc Eyraud and Anke Weber … VI. CONCLUSIONS This paper examines the effect of fiscal consolidation on the debt ratio. It first assesses the importance of the fiscal multiplier assumption in … Continue reading

Posted in Austerity, IMF | Leave a comment

You Never Give Me Your Money? Sovereign Debt Crises, Collective Action Problems, and IMF Lending


  You Never Give Me Your Money? Sovereign Debt Crises, Collective Action Problems, and IMF Lending Author/Editor:Committeri, Marco ; Spadafora, Francesco Authorized for Distribution:January 22, 2013 …. You never give me your money – You only give me your funny … Continue reading

Posted in EZ, IMF | Leave a comment

Portugal: 2012 Article IV Consultation and Sixth Review Under the Extended Arrangement and Request for Waivers of Applicability of End-December Performance Criteria—Staff Reports;


  Date:January 18, 2013 Electronic Access:Free Full text(PDF file size is 2,227KB).Use the free Adobe Acrobat Reader to view this PDF file Series:Country Report No. 13/18 Portugal: 2012 Article IV Consultation and Sixth Review Under the Extended Arrangement and Request … Continue reading

Posted in IMF, Portugal | Leave a comment

20130109IMFRethinkingTheStatePortugal – SkyDrive


  In drafting this report, the team benefited greatly from discussions with Ministers and/or State Secretaries from all 11 ministries as well as their staffs, and with various representatives of other organizations. Specifically, the mission met with Ministers of State … Continue reading

Posted in Governo, IMF | 1 Comment

Olivier Blanchard and Daniel Leigh: Growth Forecast Errors and Fiscal Multipliers


Growth Forecast Errors and Fiscal Multipliers by Olivier Blanchard and Daniel Leigh, IMF

Posted in IMF, Macroeconomics, Olivier Blanchard | Leave a comment

Links for the Q4, 2012


2012-12-6 Technology or Monopoly Power? – Paul Krugman, NYT 2012-12-6 Further reading – FT Alphaville 2012-12-04 Further reading – FT Alphaville 2012-11-14 The Liberalization and Management of Capital Flows – IMF 2012-11-13 Further reading – FT Alphaville  2012-11-12 External adjustment within the Eurozone … Continue reading

Posted in Europe, Health, IMF, Links | Leave a comment

Links for the Q3, 2012


Sovereign Debt Restructurings 1950 – 2010: Literature Survey, Data, and Stylized Facts by Das, Udaibir S. ; Papaioannou, Michael G ; Trebesch, Christoph ———————————————————— Why Eurobonds are Un-American by Daniel Gros, in Project Syndicate ————————————————————

Posted in Europe, Health, IMF, Links | Leave a comment