An IMF official was quoted as acknowledging that the Fund's ...

[awywial]

An IMF official was quoted as acknowledging that the Fund's stabilization packages have often led to adjustment without growth.
 
  However, he said, the Fund is a firefighter not a carpenter, and you cannot expect the firefighter to rebuild the house as well as put out the fire. Provide a balanced evaluation of this statement.

Question 2

Credential inflation results from
 
  (a) a combination of cost-push inflation and demand-pull inflation.
  (b) rigidities in the industrial sector.
  (c) the need to select from among qualified applicants in the modern sector.
  (d) all of the above.

[jonathanballen97]

Answer to Question 1

Suggestion: Nothing should be left smoldering either.

Answer to Question 2

C

[awywial]

Thanks for the timely response, appreciate it

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