IMF

NYT’s ‘Economic Logic’ Ignores Italy’s Economic Reality

Rome (CEPR) – A NYT article discussing the possibility that Italy will leave the eurozone told readers that this decision would defy economic logic. It noted the various downsides for Italy of leaving the euro and then told readers: “As demonstrated by the Brexit vote, which numerous analyses showed would not be good for Britain’s health, economic […]

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Morales Declares ‘Total Independence’ from World Bank and IMF

La Paz (TeleSUR) – Since 2006, a year after Morales came to power, social spending on health, education, and poverty programs has increased by over 45 percent. Bolivia’s President Evo Morales has been highlighting his government’s independence from international money lending organizations and their detrimental impact the nation. “A day like today in 1944 ended Bretton Woods Economic Conference (USA), in […]

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