miércoles, 14 de septiembre de 2011

From the IMF, no less...

Research by the IMF "reverses earlier suggestions in the literature that cutting the budget deficit can spur growth in the short term." In the best of cases, it's going to be a slow recovery. Here's the link to the article:


http://www.imf.org/external/pubs/ft/fandd/2011/09/Ball.htm

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