¿Cuándo fue que el FMI descubrió que estamos viviendo una crisis económica financiera internacional?

Authors

  • Ana Nora Feldman Universidad Nacional de Luján y Universidad Nacional Arturo Jauretche

Keywords:

content analysis, economic and financial crisis, political language, textual data analysis

Abstract

Much has been discussed about the foresight of the 2008 crisis and the position of the International Monetary Fund regarding its consequences. The denial of the crisis, only recognized in 2010, is consistent with the IMF’s perceived mission lecturing on how governments should correct their economies (Weisbrot et al., 2009). All this ignoring that their prescriptions failed as did their structural adjustment policies, which benefited only those who had more resources, whilst producing hunger, more misery and frustration for the poor who became poorer (Stiglitz, 2002). This paper analyzes the annual reports of the International Monetary Fund issued annually under the name World Economic Outlook from the years 2005 to 2012, applying techniques from the Statistical Analysis of Textual Data. In particular what is analyzed from the processing of textual corpus using Taltac2 software, developed by Prof. Sergio Bolasco at the University di Roma Sapienza, are the concepts and language contributing to the debate on the variety of exclusions which encompass the present-day political, economic and social climate (Sen and Kliksberg, 2007). On the whole the analysis considers how World Economic Outlook reports may be useful for understanding the behavior of the IMF in the context of the financial crisis.

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Published

2018-12-31

Issue

Section

Research Papers