Wine growers everywhere fear spring frosts. New vine buds emerge in the spring and are highly susceptible to freezing temperatures which can kill them and result in significant crop loss for the year.

Thomas Helbling is an Advisor in the IMF’s Research Department. Opinions expressed in articles and other materials are those of the authors; they do not necessarily reflect IMF policy.

I agree with the main points you were making in the “immigrants and markets” post but, at the risk of being accused of demanding proctological exactitude, I think it’s worth clarifying the issue “of ...