The Trade Surplus and the Olive Tree The International Monetary Fund (IMF) has seen its loan portfolio drop 73 per cent since 2003. Nobody seems to be defaulting on their loans lately, and there hasn't been a big bailout since 2001.
The IMF's summit this week in Singapore will look at this issue and how to better the world balance of trade betweed the developing world and the industrial economies of the west. But is there really a place (warning: PDF) for the IMF in the trade agreements between China and the US?
posted by parmanparman
on Sep 15, 2006 -