Latin America is exiting from the global financial crisis faster than anticipated, and should use the opportunity to boost fiscal savings that can slow inflation and prevent overheating, the IMF said Wednesday. Read full article
The IMF does not have a particularly good record when it comes to the economy of countries that follow its advice to the letter. In fact, a number of countries seem to have been better off ignoring those recommendations. Argentina, my country, and Malaysia are prime examples. Let's take a close look at Europe's economy and see what IFM recommendations are all about. But I wouldn't ignore IFM recommendations and the IMF altogether, I would listen to what the IFM has to say, and I'd do nothing but only what I think is best for my country.
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Disclaimer & comment rulesThe IMF does not have a particularly good record when it comes to the economy of countries that follow its advice to the letter. In fact, a number of countries seem to have been better off ignoring those recommendations. Argentina, my country, and Malaysia are prime examples. Let's take a close look at Europe's economy and see what IFM recommendations are all about. But I wouldn't ignore IFM recommendations and the IMF altogether, I would listen to what the IFM has to say, and I'd do nothing but only what I think is best for my country.
Oct 07th, 2010 - 04:59 am - Link - Report abuse 0Commenting for this story is now closed.
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