IMF Annual Meetings:
A public sector shutdown meets its master
delegations arrive in Washington next week for the Annual Meetings of the
International Monetary Fund (IMF) and the World Bank, they will face a
situation that the citizens of IMF programme countries know all too well: The
public sector has shut down due to a debt crisis and the policy response that
followed. Let’s see if this helps to make the governors of the international
financial architecture’s most powerful institution learn some lessons and make
the right decisions.
Welcome to the IMF’s first Annual Austerity
news for the IMF: Absenteeism from the Annual Meetings will be much lower than
usual as sight-seeing options in Washington are currently limited. ...