....The problem is that the policy response to these trends – including that of the IMF itself – has been inadequate. While the IMF’s macro-economic department has been urging a softer line on austerity, the teams sent in to sort out crisis countries have prescribed the same old medicine – cuts in wages and public spending
, with a diminished role for collective bargaining. ...
[Read full article on Guardian
Thursday 20th of April 2017 05:53:27 PM