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Keywords: Imf

  • ECONOMICS

    The IMF has failed Greece

    • David James
    • 01 July 2015
    6 Comments

    International Monetary Fund prescriptions have a long history of failing, and countries that ignore them are often the ones that do surprisingly well. Few have been asked to be more servile than the Greeks. When the IMF came in with what is amusingly referred to as its austerity 'plan', the Greek economy was expected to grow at over 2 per cent. After the 'plan' had taken effect, the country’s economy had shrunk by a quarter.

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  • ARTS AND CULTURE

    Two goats, a sheep and Grexit

    • Gillian Bouras
    • 01 July 2015
    4 Comments

    In the early hours of Saturday, Prime Minister Alexis Tsipras had announced a referendum for July 5. Whether the average Spiro and Soula has much idea of the macroeconomic issues seems doubtful. I certainly haven’t. And there is not much time for them or me to learn. Spiro and Soula and I are naturally concerned about the supply of ready cash.

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  • ARTS AND CULTURE

    Greeks suffer as leaders quarrel

    • Gillian Bouras
    • 23 June 2015
    6 Comments

    My youngest son, who lives in central Athens, is on the phone. ‘What do you think I should do with my money?’ he asks. The New York Times likens Europe and Greece to two prize-fighters, but I suspect that this is a male take on the matter. The women on the scene, Chancellor Angela Merkel and IMF chief Christine Lagarde, are more or less playing the part of the firm mother to naughty, quarrelling boys.  

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  • INTERNATIONAL

    The Western origins of Hati's 'curse'

    • Adele Webb
    • 04 March 2010
    3 Comments

    The story of Haiti, even from the earliest decades of its independence, is one of a downward spiral into debt and underdevelopment. It has been at the short end of the stick, time and time again, in its relationships with richer and powerful countries. Haiti, it turns out, never stood a chance.

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  • ECONOMICS

    The chuckling economist

    • Bronwyn Lay
    • 05 January 2009
    3 Comments

    On the day the markets bled we rushed to hear Stiglitz's diagnosis. The Nobel Laureate used to be Chief Economist of the World Bank, ending his term in fisty cuffs with the IMF and the US over their financial bullying of developing nations. Stiglitz had schadenfreude written all over his face. (October 2008)

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  • ECONOMICS

    The chuckling economist

    • Bronwyn Lay
    • 13 October 2008
    16 Comments

    On the day the markets bled we rushed to hear Stiglitz's diagnosis. The Nobel Laureate used to be Chief Economist of the World Bank, ending his term in fisty cuffs with the IMF and the US over their financial bullying of developing nations. Stiglitz had schadenfreude written all over his face.

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  • RELIGION

    Is asylum seeker dumping usury?

    • Andrew Hamilton
    • 21 August 2006
    3 Comments

    The new Vatican Secretary of State, Cardinal Tarcisio Bertone, has described IMF and World Bank conditional loans to Third World countries as usury.  

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