Truth Out Tag

IMF Urges Redistribution To Tackle Growing Inequality

Fuente: Truh Out. Sunday, 16 March 2014 10:27 By Carey L. Biron, Inter Press Service | Report Washington - The International Monetary Fund (IMF) is wading strongly into the global debate over the impact of growing income inequality, offering a series of controversial findings that push back on long-held economic orthodoxy – of which the fund itself has long been a key proponent. The IMF, arguably the world’s premiere financial institution, is stating unequivocally that income inequality “tends to reduce the pace and durability” of economic growth. In a paper released Thursday, the fund also suggests that a spectrum of approaches to “progressive”...

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