Global Crisis Leads I.M.F Experts to Rethink Long-Held Ideas
New York Times (21 Feb 10)
WASHINGTON — The International Monetary Fund has long preached the virtues of keeping inflation low and allowing money to flow freely across international boundaries. But two recent research papers by economists at the fund have questioned the soundness of that advice, arguing that slightly higher inflation and restrictions on capital flows can sometimes help buffer countries from financial turmoil.
I.M.F Questions Freedom of Capital Flows
New York Times (22 Feb 10)
