Sunday, February 21, 2010

Global Crisis Leads IMF experts to Rethink Long Held Ideas

This article is an interesting addition to class discussion about how sometimes certain policies by the IMF can hurt countries rather than help them. It is interesting to see how the financial crisis has caused many to rethink and re-evaluate past policy decisions. In my opinion, I think the rethinking and reconceptualizing of the role of regulation is an important debate that needs to take place so that we can find a better balance that would hopefully help make the next financial crisis a less painful one.

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