Agora

In ancient Athens, the agora was the central location where citizens gathered to hear news, discuss and, later, trade. The agora was the heart of the city’s political, cultural and spiritual life and it gave birth to the Greek word for speaking in public: ἀγορεύω (agorevo). It is this spirit we hope to channel in this section of the website.

Here, the Agora is a public forum for discussing events that are unfolding in Greece and beyond. Contributors to Macropolis, as well as guest posters, share their views on political, economic and other matters, while also offering readers the opportunity to express their opinions. As always, those who fail to respect the sanctity of this forum will not be allowed to share in its benefits.

Posts on August 2014

Photo via IMF photostream on Flickr [https://www.flickr.com/photos/imfphoto/] The IMF crisis and how to solve it

The IMF is approaching its 70th birthday and the Greek programme has been a candidate for one of the most credibility-sapping in its history. Here I trace the IMF’s role in programme from its stormy launch; its misfiring implementation; the Fund’s half-hearted apology; and ongoing efforts to draw lessons and revise its sovereign debt restructuring framework, which appear destined to deliver insufficient meaningful change. A transparency revolution is both necessary and feasible. It worked for central banks in the 1990s. Why not the Fund?

Contributor: Gabriel Sterne

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