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Fiscal Sustainability

Shifting Gears: Where the Rubber Meets the Fiscal Road

Carlo Cottarelli | Posted 06.13.2011 | Business
Carlo Cottarelli

Countries are starting the climb the fiscal adjustment mountain, cutting back government deficits and debt levels, but according to our analysis, current plans often aren't enough to get countries where they need and want to go.

Global Recovery Strengthens, Tensions Heighten

Olivier Blanchard | Posted 06.11.2011 | Business
Olivier Blanchard

The need for careful design of economic policies at the national level, and coordination at the global level, may be as important today as they were at the peak of the crisis two years ago.

Exploring Economic Policy Frontiers After the Crisis: 2010 IMF Research Conference

Olivier Blanchard | Posted 05.25.2011 | Business
Olivier Blanchard

The crisis has forced economists and policy makers to go back to their drawing boards. Where did they go wrong, and what implications does the crisis have for both macroeconomic theory and macroeconomic policy making?

Weekend in Washington: Cooperating Our Way Out of Crisis

Dominique Strauss-Kahn | Posted 05.25.2011 | Business
Dominique Strauss-Kahn

This past weekend in Washington DC, as the economic leaders of 187 countries gathered for the Annual Meetings of the IMF and World Bank, the mood was ...

President Obama Is Hoisted on His Own Budget-Busting Petard

Marshall Auerback | Posted 05.25.2011 | Politics
Marshall Auerback

Obama is correct to focus on jobs and the economy, but wrong to obsess about "runaway spending." Our economy faces such strong headwinds that a huge fiscal expansion is required.