A healthy discussion on the role of the Fund. I like the following comment:
There's a crazy disconnect here between the IMF's problem of having to cut its staffing levels by 15% and talk of a $100 billion investment fund. I don't know how many staff the IMF has, but if they're paying them a total of something like $5 billion a year, then it has too many.
I suspect that talk of staff cuts is a way of justifying something that someone wants for quite different (and probably more sinister) reasons.
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