Heterodox
Spot the difference The new World Economic Outlook (WEO) is out, now under the direction of Maurice Obstfeld, after the retirement of Olivier Blanchard. They suggests many reason for why the global economy has been Too Slow for Too Long, as the title of the report indicates. In the forward Obstfeld tells us that part of the solution would be to promote: "structural reforms in product and labor markets [since this] can be effective in boosting output, even in the short term, and...
Read More »Maurice Obstfeld and the IMF push structural reforms
