Ashoka Mody

US 'could have forced a haircut,' says former IMF deputy director for Europe

"The fundamental reason why the Greek crisis lasted so long was the extreme level of austerity that was imposed." That is the verdict of Ashoka Mody, visiting professor in International Economic Policy at Princeton University, a former deputy director of the International Monetary Fund's European Department and one of the most eloquent critics of the policies of the troika in Greece and elsewhe

Ex-IMF deputy lauds Obama intervention in favor of Greece

Former IMF deputy and Princeton professor Ashoka Mody describes the recent intervention of US President Barack Obama in favor of Greece as admirable.

In his article for European think tank Bruegel, Mody says Obama’s position on Greece marks a change in the long-standing “tradition” of US “silence” regarding economic policy in Europe.