Behind the overthrow of Bangladesh’s government lies a familiar story in the global south of rising debt interest and IMF-imposed austerity. Michael Roberts is an Economist in the City of London and a prolific blogger. Cross-posted from […]
The IMF and World Bank want to talk about a ‘compact for inclusive growth’, but geopolitical conflict is rising and inequality is growing. Michael Roberts is an Economist in the City of London and a prolific blogger. […]
The sovereign debt crisis surging through the global south is due to a series of economic shocks, none of which are of its own making. Eric Toussaint is a historian, political scientist and spokesperson for […]
China has established itself as a fully blown competitor to the IMF and World Bank for infrastructure investment worldwide, and in many places has usurped Western lenders. John P. Ruehl is an Australian-American journalist living […]
While the United States seeks to blame China for Sri Lanka’s debt crisis, it is an American vulture fund which is refusing a re-negotiation of the south Asian country’s debt. Michael Roberts is an Economist in […]
De-dollarization remains an extremely dangerous path to walk for most countries, but no longer impossible. Justin Podur is a Toronto-based writer and a writing fellow at Globetrotter. You can find him on his website at podur.org and […]
The poorer countries are demanding an end to a world dominated by the rich—as well they should. Cross-posted from Common Dreams Jeffrey D. Sachs is a University Professor and Director of the Center for Sustainable […]
Extortionate debt forces nations to pursue climate-unfriendly policies in the hope of repaying loans. Until the next crisis strikes. Cross-posted from Common Dreams As climate activists, we are used to banging our heads against brick […]
More than 1,700 people have been killed in floods that continue to submerge parts of Pakistan. Amid this crisis, activists are demanding debt cancellation and climate reparations. Cross-posted from the Independent Media Institute Even as […]
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