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Tag Archives: Blanchard

IMF chief economist Blanchard warned in May 2010 Greece program was not going to work

A report by Olivier Blanchard, a former economic at the International Monetary Fund, has been presented at a meeting organized by the Canadian think tank Centre for International Governance Innovation end of January. In this report,  dated 4. May 2010, then chief economist at the IMF, Olivier Blanchard was warning …

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IMF spokesman officially admits wrong calculations on Greece’s program

One after the other officials at International Monetary Fund admit that the strict austerity program imposed to Greece was based on wrong assumptions, calculations, estimations, forecasts, multipliers and predictions  A ‘mistake’ that cost Greek households billions of euro. How many? Nobody dares to calculate or say exactly…. During the regular IMF …

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Marianne: The incredible errors by IMF experts & the wrong multiplier

Do you remember the report by IMF advisors Blanchard & Leigh “Growth forecast errors and fiscal multipliers, who were admitting the negative effects of the austerity measures? French weekly magazine Marianne wrote an article about the fatal mistakes made by the International Monetary Fund and located the calculation error – the wrong multiplier! The incredible …

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