Should-Read: Charles Wyplosz: When the IMF Evaluates the IMF

Should-Read: Charles Wyplosz: When the IMF Evaluates the IMF: “Two critical mistakes are not mentioned… …Debt Sustainability Analysis…. As with all compounding exercises over long horizons, the results are extremely sensitive to small changes in the assumptions. The debt path, therefore, is no more than the unstable representation of assumptions, as are the benchmarks (Wyplosz … Continue reading Should-Read: Charles Wyplosz: When the IMF Evaluates the IMF