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	<title>Comments on: New IMF World Economic Outlook</title>
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	<link>http://www.irisheconomy.ie/index.php/2009/09/22/new-imf-world-economic-outlook/</link>
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	<pubDate>Mon, 21 May 2012 21:19:31 +0000</pubDate>
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		<title>By: Pat Donnelly</title>
		<link>http://www.irisheconomy.ie/index.php/2009/09/22/new-imf-world-economic-outlook/#comment-17394</link>
		<dc:creator>Pat Donnelly</dc:creator>
		<pubDate>Wed, 23 Sep 2009 11:41:06 +0000</pubDate>
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		<description>Isn't it time to think for ourselves?</description>
		<content:encoded><![CDATA[<p>Isn&#8217;t it time to think for ourselves?</p>
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		<title>By: Frank Galton</title>
		<link>http://www.irisheconomy.ie/index.php/2009/09/22/new-imf-world-economic-outlook/#comment-17341</link>
		<dc:creator>Frank Galton</dc:creator>
		<pubDate>Wed, 23 Sep 2009 02:58:01 +0000</pubDate>
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		<description>Chapter 4 does not seem kind to the Irish approach to the crisis.  I read it as saying that limiting short-run output loss is important, because these losses are highly persistent.  But in Ireland, huge fiscal resources were allocated to areas of no stimulative effect -- the bank shareholdings.</description>
		<content:encoded><![CDATA[<p>Chapter 4 does not seem kind to the Irish approach to the crisis.  I read it as saying that limiting short-run output loss is important, because these losses are highly persistent.  But in Ireland, huge fiscal resources were allocated to areas of no stimulative effect &#8212; the bank shareholdings.</p>
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