The Sunday Times reports that the IMF could be an alternative source of funding in the event of a No vote.
One point to keep in mind in this debate is that the IMF charges a penalty premium of 200/300 basis points on large loans, whereas the premium has been dropped from EU loans, as decided at the July 2011 summit.
The relevant IMF funding schemes (Extended Fund Facility, Precautionary and Liquidity Line) are described here and here.
The NYT has a long article on Apple’s global tax strategies here.
The April 2012 Stability Programme Update from the Department of Finance is now available as well as a short statement from Minister Noonan.
The government has released the design of the FRB.
Information note here.
General Scheme of Fiscal Responsibility Bill
Publication of the General Scheme of a Bill to be called the Fiscal Responsibility Bill 2012
The revised version of my paper (joint with Barbara Pels) on current account imbalances in Europe (focusing on the pre-crisis period) is available here.
The current account was also the topic for the keynote Edgeworth Lecture delivered by Maury Obstfeld last evening at the Irish Economics Association annual meeting – his paper is here.
Today’s keynote ESR/DEW Lecture will be given by John Van Reenan on “Horrible Bosses? The New Economics of Management”. He also has a VOX column today “Fiscal Consolidation: Too Much of a Good Thing?“