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U.S. Fiscal Policy: Avoiding Self-Inflicted Wounds
iMFdirect 10 Months, 1 Week, 4 Days, 4 Hours, 44 Minutes ago
In late 2012 or early 2013 the U.S. federal government will again reach a statutory borrowing limit and will not be able to issue additional debt. Why is this a problem? First, because the federal government is spending considerably more than it coll...



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Daily Digest: Anger in Germany towards Monti’s ‘undemocratic’ appeal
Beyond Brussels 10 Months, 1 Week, 5 Days, 17 Hours, 11 Minutes ago
In the interview with Italian Prime Minister Mario Monti which was published by the German paper, der Spiegel yesterday, some of Monti’s comments have caused an outrage among German politicians. Leading a cabinet of technocrats in debt-stricken...