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	<title>Professor Voices &#187; global economy</title>
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		<title>IMF issues warning to US on debt crisis</title>
		<link>http://blogs.bu.edu/professorvoices/2011/07/25/imf-issues-warning-to-us-on-debt-crisis/</link>
		<comments>http://blogs.bu.edu/professorvoices/2011/07/25/imf-issues-warning-to-us-on-debt-crisis/#comments</comments>
		<pubDate>Mon, 25 Jul 2011 19:08:23 +0000</pubDate>
		<dc:creator>Jo Breiner</dc:creator>
				<category><![CDATA[Politics]]></category>
		<category><![CDATA[debt ceiling]]></category>
		<category><![CDATA[default]]></category>
		<category><![CDATA[global economy]]></category>
		<category><![CDATA[IMF]]></category>
		<category><![CDATA[International Monetary Fund]]></category>
		<category><![CDATA[Kevin Gallagher]]></category>
		<category><![CDATA[Professor voices]]></category>

		<guid isPermaLink="false">http://blogs.bu.edu/professorvoices/?p=2262</guid>
		<description><![CDATA[The International Monetary Fund has issued a warning that the US take urgent action in raising the debt ceiling, adding that a credit downgrade could damage the global economy. Kevin Gallagher, an associate professor of international relations at Boston University, is an expert on global and economic policy. His article, &#8220;Why the US must raise [...]]]></description>
			<content:encoded><![CDATA[<p>The International Monetary Fund <a title="has issued a warning" href="http://www.google.com/hostednews/afp/article/ALeqM5gGRvbAF-opIKKqVKg7kjY1wsbPpA?docId=CNG.1c9bc08f90c82172428a633d1b6e8077.821" target="_blank">has issued a warning</a> that the US take urgent action in raising the debt ceiling, adding that a credit downgrade could damage the global economy. <a title="Kevin Gallagher" href="http://www.bu.edu/ir/faculty/alphabetical/gallagher/" target="_blank">Kevin Gallagher</a>, an associate professor of international relations at Boston University, is an expert on global and economic policy. His article, <em><a title="&quot;Why the US must raise the debt ceiling,&quot;" href="http://www.guardian.co.uk/commentisfree/cifamerica/2011/may/05/economy-useconomy" target="_blank">&#8220;Why the US must raise its debt ceiling,&#8221;</a></em> was recently published in <em><a title="The Guardian" href="http://www.guardian.co.uk/profile/kevingallagher" target="_blank">The Guardian</a></em>. He is available to comment on the warning issued by the IMF.</p>
<p>Contact Kevin at 617-353-9348 or <a href="mailto:kpg@bu.edu" target="_blank">kpg@bu.edu</a></p>
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