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Irish Left Review
Joined up thinking for the Irish Left

offsite link New Books Worth Reading Mon Sep 19, 2016 23:25 | Seán Sheehan

offsite link 13 Billion ? Lucky for some? Mon Sep 05, 2016 13:04 | Tony Phillips

offsite link Rebuilding Ireland: Long on Promise, Short on Detail Mon Aug 29, 2016 22:20 | Eoin O'Mahony

offsite link Brexit and Other Issues: Comments on the Current Situation Mon Aug 29, 2016 21:52 | Brendan Young

offsite link Bin Charges: From Private Circus to Public Service Tue Jun 21, 2016 12:38 | Michael Taft

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Spirit of Contradiction

offsite link Review: Do Religions Evolve? Mon Aug 14, 2017 19:54 | Dara McHugh

offsite link Fake News: The Epistemology of Media Wed Jun 07, 2017 11:52 | Gavin Mendel-Gleason

offsite link Officials and Provisionals Sat Apr 01, 2017 22:54 | James O'Brien

offsite link Interview with Cathal Goulding Mon Dec 26, 2016 17:11 | Cathal Goulding

offsite link Trump, Russia and the CIA Sat Dec 10, 2016 18:23 | Gavin Mendel-Gleason

Spirit of Contradiction >>

Dublin Opinion
Life should be full of strangeness, like a rich painting

offsite link Some Thoughts on the Brexit Joint Report 11:50 Sat Dec 09, 2017

offsite link IRISH COMMONWEALTH: TRADE UNIONS AND CIVIL SOCIETY IN THE 21ST CENTURY 14:06 Sat Nov 18, 2017

offsite link Notes for a Book on Money and the Irish State - The Marshall Aid Program 15:10 Sat Apr 02, 2016

offsite link The Financial Crisis:What Have We Learnt? 19:58 Sat Aug 29, 2015

offsite link Money in 35,000 Words or Less 21:34 Sat Aug 22, 2015

Dublin Opinion >>

NAMA Wine Lake

offsite link Farewell from NWL Sun May 19, 2013 14:00 | namawinelake

offsite link Happy 70th Birthday, Michael Sun May 19, 2013 14:00 | namawinelake

offsite link Of the Week? Sat May 18, 2013 00:02 | namawinelake

offsite link Noonan denies IBRC legal fees loan approval to Paddy McKillen was in breach of E... Fri May 17, 2013 14:23 | namawinelake

offsite link Gayle Killilea Dunne asks to be added as notice party in Sean Dunne?s bankruptcy Fri May 17, 2013 12:30 | namawinelake

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IMF Reports Global Growth and Releases New Ways to Predict Economic Crisis

category international | economics and finance | press release author Wednesday October 11, 2017 15:39author by Abby Wilhelm - Jubilee USA Report this post to the editors

The International Monetary Fund (IMF) releases its biannual report on global economic stability and presents new indicators it says can help predict financial crisis.

The International Monetary Fund (IMF) releases its biannual report on global economic stability and presents new indicators it says can help predict financial crisis.

"The IMF is trying to put better tools in place to predict financial crisis and impediments to economic growth," noted Eric LeCompte who tracks IMF reports as the Executive Director of the religious development coalition Jubilee USA. "While the IMF is looking at better ways to predict crisis, we still have not put in place the actual tools to prevent financial crisis."

On Thursday morning, LeCompte is moderating a special panel at The Fund ahead of the annual meetings on financial crisis prevention. Dr. Steven Schwarcz will present new policy instruments that can resolve debt and financial crisis. Tirivangani Mutazu of African Forum and Network on Debt and Development (AFRODAD) will explain why prevention is necessary as developing countries experience new debt crises.

"The IMF's report warns of increased credit risks and we are more concerned now with unstable debt loads in both poor and wealthy countries," stated LeCompte who serves on United Nation finance expert groups.‎ "I'm concerned that high debt burdens and more risky market behavior will lead to another financial crisis sooner than later."

Yesterday, the IMF released its biannual World Economic Outlook report, which warned about climate impacts on vulnerable countries.

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