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Mohamed A. El-Erian

The U.S. Should Heed the IMF's Advice

The U.S. would benefit from even bolder criticism on the part of the International Monetary Fund.
Go ahead, say what you think.
Go ahead, say what you think.

The International Monetary Fund is becoming increasingly bold in the way it assesses the U.S. economy and the U.S. government's economic policies. It's a positive change that I, for one, think could go even further by covering the global implications.

Member countries of the IMF, including the largest, commit to undergo an annual economic review. Known as the "Article IV," it is supposed to provide a country's officials with helpful insights from an informed and trusted outside adviser. It also seeks to assess countries' adherence with their IMF commitments and, in this context, the impact of their policies on the rest of the world.