Comment on IMF: The last generation of economic policies may have been a complete failure

IMF: The last generation of economic policies may have been a complete failure

APThe International Monetary Fund thinks all that neoliberalism might've been too much of a good thing. Neoliberalism — which IMF researchers Jonathan Ostry, Prakash Loungani, and Davide Furceri loosely define as the opening of economies to foreign capital along with a reduction in government debt burdens — has been the dominant trend in economic policymaking over the last 30 or so years.

 

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