The last thing the global south needs is more of the IMF, but with sovereign debt crises on the rise, the masters of ‘structural adjustment’ are difficult to escape. In Phenomenal World. Read the article […]
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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