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IMF Annual Meetings: A public sector shutdown meets its master

Bodo Ellmers

03 Oct 2013 12:44:28

IMF Annual Meetings: A public sector shutdown meets its master By Bodo Ellmers When the 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 Meeting The good news for the IMF: Absenteeism from the Annual Meetings will be much lower than usual as sight-seeing options in Washington are currently limited. ...
By Bodo Ellmers The long litigation odyssey between the government of Argentina and holdout creditors continues. Debt justice campaigners in Argentina and the USA are enraged about a new ruling by the New York appeals court in favour of the ...