January 28, 2013
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.
