Yesterday's Guardian had an interesting article by Larry Elliott on the IMF's World Economic Outlook; the IMF has stated that "In most advanced economies, fiscal and monetary policies should maintain a supportive thrust in 2010 to sustain growth and employment". Elliott notes that "The fund's comments are likely to be seized upon by Gordon Brown, who has been arguing the UK could suffer a double-dip recession if the Conservatives implemented plans for £6bn of spending cuts in an emergency post-election budget in June". Separately, a leaked copy of the IMF's report on financial sector taxes is available here, and the Tax Justice Network's reaction is here.
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