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 IMF Studies Sovereign Debt Restructurings, Admits Its Policy Was Responsible For Greek Depression

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IMF Studies Sovereign Debt Restructurings, Admits Its Policy Was Responsible For Greek Depression Vide
PostSubject: IMF Studies Sovereign Debt Restructurings, Admits Its Policy Was Responsible For Greek Depression   IMF Studies Sovereign Debt Restructurings, Admits Its Policy Was Responsible For Greek Depression Icon_minitimeSat Jul 30, 2016 5:01 am
It appears causing an economic depression and significantly deteriorating life expectancy in Greece is not enough for the IMF.
In a paper published this month, the IMF seeks to study the relationship between GDP and sovereign debt restructuring using data from 1970-2010. Its main conclusion may be shocking: “the central finding of this paper is that sovereign debt restructurings with external private creditors can affect per capita GDP growth performance in the years after debt restructuring.“ And these are the people in charge of advising nations on managing their economy…

IMF Studies Sovereign Debt Restructurings, Admits Its Policy Was Responsible For Greek Depression IMF%20admission_0

http://www.zerohedge.com/news/2016-07-29/imf-studies-sovereign-debt-restructurings-admits-its-policy-was-responsible-greek-de
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IMF Studies Sovereign Debt Restructurings, Admits Its Policy Was Responsible For Greek Depression

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