IMF Draws Lessons from the Crisis, Reviews Macro Policy Framework

2017-04-15T14:40:35-04:00February 12, 2010|

The release of a paper by the IMF called "Rethinking Macroeconomic Policy" has attracted instant reaction and a lot of comment. Paul Krugman supported the idea of targeting higher average inflation, but said he was surprised that the Fund was allowing him to say so publicly. Others said inflation was not the solution.