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The past week has been a particularly bad one for George Osborne and advocates of the Reinhart-Rogoff approach.
Critics pay it a backhanded compliment when they say its initials stand for, “It’s mostly fiscal.” In fact, when it comes to the crises that the IMF is asked to manage, it...
The reality is that Cyprus has fallen victim to bailout fatigue in Germany, where with national elections looming in September, the main political parties have been in open competition with...