IMF: Redistribution, not austerity, is the way to end economic inequality
Monetary Fund is urging that countries adopt a "progressive"
redistribution approach to counter economic inequality, says an IMF report.
"The interest in redistribution, as reflected in public surveys and our
discussions with our members, shows that interest is higher than in the
past," says David Lipton, IMF's first deputy managing director. "Our
members want to explore with us how they can pursue distributive
policies in an efficient manner." Inter Press Service