CBC.ca | IMF: Austerity is much worse for the economy than we thought Washington Post (blog) Earlier this week, the International Monetary Fund made a stunning admission in its new World Economic Outlook. The IMF's chief economist, Olivier Blanchard, explained in detail that premature efforts to cut the deficit — through tax hikes and spending ... A Global Perspective: More Economic Slowing IMF multiplier work draws mixed reaction IMF and Europe in dangerous game of brinkmanship over failing Greek bailout |