{"id":709,"date":"2011-04-21T12:18:24","date_gmt":"2011-04-21T10:18:24","guid":{"rendered":"http:\/\/www.poleconomix.gr\/portal\/?p=709"},"modified":"2011-05-12T23:10:24","modified_gmt":"2011-05-12T21:10:24","slug":"to-make-the-imf-relevant-will-take-more-than-a-new-leader","status":"publish","type":"post","link":"https:\/\/www.poleconomix.gr\/portal\/to-make-the-imf-relevant-will-take-more-than-a-new-leader\/","title":{"rendered":"To make the IMF relevant will take more than a new leader"},"content":{"rendered":"<p><a href=\"http:\/\/www.guardian.co.uk\/profile\/jayatighosh\" target=\"_blank\">Ghosh, Jayati<\/a>.<\/p>\n<p>The IMF has consistently failed to do its job. Whether or not Gordon Brown takes over, it needs major reform.<\/p>\n<p>In appearing to veto Gordon Brown&#8217;s chances of becoming the next head of the International Monetary Fund, David Cameron says the organisation needs someone who &#8220;understands the dangers of excessive debt, excessive deficit&#8221;. But if that is all the new person understands, then he or she will make little difference to an institution badly in need of real reform.<\/p>\n<p>For years the IMF has been caught wrongfooted during almost every major global economic event. Before the great recession of 2008 it was an international institution on life support: ignored by most developing countries; derided for its failure to predict most crises and then for its counterproductive responses; even called to book by its own auditors for poor management of its own funds.<\/p>\n<p><strong>\u03a0\u03b7\u03b3\u03ae: <\/strong>guardian.co.uk<\/p>\n<p><a href=\"http:\/\/www.guardian.co.uk\/commentisfree\/2011\/apr\/20\/imf-relevant-leader-gordon-brown\" target=\"_blank\">\u03c0\u03bb\u03ae\u03c1\u03b5\u03c2 \u03ba\u03b5\u03af\u03bc\u03b5\u03bd\u03bf<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Ghosh, Jayati. The IMF has consistently failed to do its job. Whether or not Gordon Brown takes over, it needs major reform. In appearing to veto Gordon Brown&#8217;s chances of becoming the next head of the International Monetary Fund, David Cameron says the organisation needs someone who &#8220;understands the dangers of excessive debt, excessive deficit&#8221;. [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39],"tags":[28,25],"class_list":["post-709","post","type-post","status-publish","format-standard","hentry","category-39","tag-28","tag-25"],"_links":{"self":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/709","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/comments?post=709"}],"version-history":[{"count":6,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/709\/revisions"}],"predecessor-version":[{"id":1077,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/posts\/709\/revisions\/1077"}],"wp:attachment":[{"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/media?parent=709"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/categories?post=709"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.poleconomix.gr\/portal\/wp-json\/wp\/v2\/tags?post=709"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}