The IMFs Coordinated Growth Strategy of 19771978 Harvard Case Solution & Analysis

Case documented strategy for growth, the IMF wants to organize after the first oil crisis, and the global economy will not return to the growth rates of the 1960s. The case illustrates the top of Keynesian thinking that prevailed at the time: a view of the international economy as almost a hydraulic system that can manipulate the policies of the government at will achieve a desired set of goals. The failure of the strategy, among other things, the importance of inflation expectations. The case is also a good opportunity to discuss the Phillips curve, and the current global imbalances and what you can do about them. "Hide
by Peter Debaere Source: University of Virginia Darden School Foundation 15 pages. Publication Date: October 17, 2007. Prod. #: UV1211-PDF-ENG

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