Blog do Desemprego Zero

The Ghost in the Recovery Machine

Escrito por Imprensa, postado em 19 dAmerica/Sao_Paulo novembro dAmerica/Sao_Paulo 2009 Imprimir Enviar para Amigo

By Robert Shiller

NEW HAVEN - The International Monetary Fund’s October World Economic Outlook  proclaimed that, “Strong public policies have fostered a rebound of industrial production, world trade, and retail sales.” The IMF, along with many national leaders, seem ready to give full credit to these policies for engineering what might be the end of the global economic recession.

National leaders and international organizations do deserve substantial credit for what has been done to bring about signs of recovery since the spring. The international coordination of world economic policies, as formalized in the recent G-20 statement, is unprecedented in history. Read more…

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