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Posts Tagged ‘Ireland’

The IMF’s latest Fiscal Monitor includes a colorful chart of who owns the debt of six countries with well-known debt concerns: The debt owned by foreign investors and foreign central banks are in red and yellow; the other colors represent debt owned domestically. Based on IMF’s accounting, the six countries come in three flavors: The “PIG” countries. Portugal, [...]

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Several colleagues recently suggested that now is a propitious time to read (or re-read) Paul Blustein’s “The Chastening.” The book recounts how the International Monetary Fund (IMF) and the G-7 nations struggled to combat the Asian, Russian, and Latin American economic crises of the late 1990s. Having read the book while flying back and forth [...]

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