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IMF's new head economist is imaginative realist

By Edward Hadas

July 21, 2015

What the International Monetary Fund needs most in its economic counsellor is imagination and realism. With Maurice

Obstfeld, who will take over the job from Olivier Blanchard in September, it has both.

Of course, the distinguished Berkeley professor, member of the U.S. president's Council of Economic Advisers and leading

textbook author has the needed technical skills. But conventional academic excellence is not enough to guide the international lender

as it negotiates the intricate politics of the apparently endless Greek crisis. Nor can the old dogma deal with the greatest contemporary

challenge to steady economic development: global financial excess.

Blanchard already moved the IMF well away from its former identification with the Washington Consensus, which was based

on an exaggerated confidence in free markets. His suggestion that the universally targeted inflation rate of 2 percent might be too low

was highly unorthodox. Obstfeld is likely to go further in the same direction.

http://blogs.reuters.com/breakingviews/2015/07/21/imfs-new-head-economist-is-imaginative-realist/

O artigo menciona alguns predicados do próximo economista- chefe do Fundo Monetário Internacional. Sobre esse assunto, considere os seguintes itens: 1.Professor na Universidade de Berkeley. 2.Presidente do Conselho Econômico americano. 3.Autor de livros didáticos. 4.Experiência em negociações relacionadas à crise grega. Fazem parte do histórico profissional do próximo economista do FMI:

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