IMF Disavows Neoliberalism

According to the International Monetary Fund (IMF) June 2016 research report “Neoliberalism: Oversold?” which was described as “a political bombshell … that caused a near-panic among advocates of free market policies” by the Foreign Policy analyst Rick Rowden [Note 1], what ‘capital account liberalization’ brings to developing countries is “the pervasiveness of booms and busts” … Continue reading IMF Disavows Neoliberalism