October 15, 2009

IMF-Supported Macroeconomic Policies and the World Recession: A Look at Forty-One Borrowing Countries

Speakers included:
Mark Weisbrot, Co-Director, CEPR
Robert Weissman, President, Public Citizen
Asia Russell, Director of International Policy, Health Global Access Project
James Roaf, Deputy Division Chief in the Emerging Markets Unit of Strategy, Policy, and Review Department (SPR), International Monetary Fund

Moderator: Jo Marie Griesgraber, Executive Director, New Rules for Global Finance Coalition

Recent discussions at the IMF meetings in Istanbul centered around a new expanded role for the Fund in the global economy.  In a report released on October 5th, CEPR found that 31 of 41 countries with current IMF agreements have been subjected to pro-cyclical macroeconomic policies that, during the current global recession, could be expected to have exacerbated economic slowdowns.

Video
Panel Discussion
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Question and Answer
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Supplementary materials:
Powerpoint presentation by James Roaf.

This event was co-sponsored by Public Citizen, Health Global Access Project, New Rules for Global Finance Coalition and Jubilee USA.