The European Union (or at least its periphery) is a big, sick patient that so far has been treated with robust injections of fiscal austerity. This seemed to be the right course of action to cure the “debt…
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Articles on IMF
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The International Monetary Fund’s annual investigation into the health of the UK economy makes ugly reading. The IMF points out that “per capita income remains 6% below its pre-crisis peak, making this…
The International Monetary Fund’s annual report on the UK economy calls for the Chancellor to boost economic growth through investing in infrastructure. While the IMF is right to make this point, we must…
Uninsured savings over €100,000 deposited in a troubled Cypriot bank may be subject to a new levy, under a deal reached to save the Cyprus banking system. The European Union (EU) finance ministers, the…
In a rare volte-face, the International Monetary Fund this week admitted that it grossly underestimated the impact of the austerity regime it advised Europeans to adopt. A paper authored by IMF chief economist…
Up until fairly recently, Spain was a story of economic success. It was an example of how the periphery of Europe was quickly catching up with the core. Between 1995 and 2007, Spanish real GDP grew at…
Greece’s New Democracy leader Antonis Samaras begins the task of building a coalition after emerging as the front runner to form a government. Reports indicate New Democracy has narrowly beaten leftist…
All eyes are on Greece this weekend for the second legislative election in five weeks. This is no ordinary election: the global implications of the outcome might be significant. Griffith University lecturer…
The positivity off the weekend’s news that Spain’s banks will receive rescue loans of up to 100 billion euros from eurozone finance ministers appears short-lived. Despite it being well-received in Asian…
The recent economic forecasts of the IMF and OECD about prospects for economic growth remind me of an aphorism about the economist who drowned while crossing a river he estimated that was, on average…
On 29 March, the BRICS nations – Brazil, Russia, India, China and South Africa – will meet in New Delhi for their fourth annual summit. Representing 40% of the global population, 25% of global GDP, and…
Greece is rescued, for now…maybe. Perhaps it’s time to move on to the next basket case. So, which of the PIIGS is the next Greece? For the moment, Portugal looks to be the front-runner. The country’s public-debt-to-GDP…
As the Commissioners of the Fair Work Act Review work their way through the mountain of submissions, one of the most critical aspects they will be called on to consider is the relationship between labour…
When World Bank President Robert Zoellick announced his resignation last week, a surprising number of names emerged as contenders for the Bank’s top job. Zoellick’s resignation doesn’t come into effect…
Few countries have been left unscathed by the global financial crisis and it seems that they are all situated in the southern hemisphere. Brazil and Australia are some of them. Recently, their economies…
When it comes to finding ways out of the European sovereign debt crisis, views appear to range widely. At last week’s World Economic Forum Martin Wolf, chief economic commentator for the Financial Times…
Will Greece default and exit the Eurozone? The best-case scenario is a managed, orderly, partial default with the European Financial Stability Facility (EFSF), a fund created in 2010 to manage Eurozone…
Global markets have tumbled again this week, following the downgrading of Italy’s debt rating and a series of negative comments from leaders of the world’s financial institutions. International Monetary…
Since news of the controversial rape case involving Dominique Strauss-Kahn (quickly dubbed “Affaire DSK”) broke in May, the focus of the French media and French political class has been firmly fixed on…
Quelle surprise. French finance minister Christine Lagarde has been announced as the new managing director of the IMF, succeeding the beleaguered Dominique Strauss-Kahn. Like Strauss-Khan (known as ‘DSK…
Top contributors
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SARCHI Professor of International Development Law and African Economic Relations, University of Pretoria
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Professor, Griffith Business School, Griffith University
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School of Social Sciences, Monash University
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Post Doctoral Researcher, Graduate School of Business (GSB), University of Cape Town
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Professor of Economics, UNSW Sydney
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Professor of Finance, University of Liverpool
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Dean of the Fletcher School, Tufts University
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Professor in The Division of Global Affairs and The Department of Political Science, Rutgers University - Newark
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Reader in International Relations, Royal Holloway University of London
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Professor of Economics & Business, Allegheny College
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Reader in Politics, University of Glasgow
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Associate Lecturer, University of Aberdeen
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Professor of History, Tufts University
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Professor, Monash University
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ARC Laureate Fellow, KPMG Law - KWM Professor of Disruptive Innovation, Faculty of Law, UNSW Sydney
