Is IMF austerity really good for the world?
The ANC has historically been strongly opposed to SA approaching the IMF for funding. New research is likely to deepen that antipathy
The International Monetary Fund (IMF) has a major embarrassment on its hands. Two new research papers have slammed its policy track record, showing that IMF-mandated austerity is associated with rising inequality and poverty.
Bad timing, especially when you’re trying to shepherd a global recovery and avert a potential emerging-markets debt crisis. I..