The World Bank and IMF’s Repeatedly Over-Optimistic Economic Growth Projections for Haiti

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Monday, 28 January 2013 14:50

CEPR’s Arthur Phillips and Stephan Lefebvre have written a nice post analyzing the World Bank and IMF’s repeatedly over-optimistic economic growth projections for Haiti over at our sister-blog, “The Americas Blog.” They note that the latest “projections of 6 percent or higher GDP growth in 2013 seem unfounded.” The institutions’ growth projections for Venezuela in recent years, by contrast, have repeatedly been overly pessimistic compared to the actual results.

Tags: GDP | imf | world bank