Re: The IMF and deflation

1998-01-09 Thread Doug Henwood
Michael Perelman wrote: >Does anybody have any thoughts on the critique of the IMF by Stiglitz >and Sachs -- that the IMF is creating a deflationary economy to save the >banks? This is speculation based on no solid information, but the World Bank funds lots of infrastructure projects that provid

Re: The IMF and deflation

1998-01-09 Thread James Devine
Michael Perelman wrote:>>Does anybody have any thoughts on the critique of the IMF by Stiglitz and Sachs -- that the IMF is creating a deflationary economy to save the banks?<< Rakesh asks: >There is still faith in the Keynesian panacea?< Though I don't know the content of the S&S critique, my g

Re: The IMF and deflation

1998-01-08 Thread Rakesh Bhandari
On Thu, 8 Jan 1998, Michael Perelman wrote: > Does anybody have any thoughts on the critique of the IMF by Stiglitz > and Sachs -- that the IMF is creating a deflationary economy to save the > banks? There is still faith in the Keynesian panacea? Rakesh

Re: The IMF and deflation

1998-01-08 Thread Paul Altesman
At 07:49 PM 1/8/98 -0800, Michael Perelman wrote: >Does anybody have any thoughts on the critique of the IMF by Stiglitz >and Sachs -- that the IMF is creating a deflationary economy to save the >banks? It is hard to comment without knowing the specifics (could you provide the citations or a summ

The IMF and deflation

1998-01-08 Thread Michael Perelman
Does anybody have any thoughts on the critique of the IMF by Stiglitz and Sachs -- that the IMF is creating a deflationary economy to save the banks? -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 916-898-5321 E-Mail [EMAIL PROTECTED]