Economic Times | IMF Miscalculated Greek Austerity Effect Greek Reporter The top economist at the International Monetary Fund (IMF) one of Greece's Troika of lender, has admitted that the agency didn't calculate how devastating the austerity measures it wanted would be on the Greek economy and those of other struggling ... Austerity's impact surprised IMF, official says The IMF: we were right about being wrong. But normally we aren't. IMF economists apologize for austerity forecasts |