At least seven people are dead and Haitian Prime Minister Jack Guy Lafontant has resigned after weeks of violent protests in Haiti that were sparked by a sudden increase of fuel prices. Demonstrations
To stem the economic fallout from COVID-19, developed countries have injected an unprecedented US$9 trillion into their economies. The International Monetary Fund has recommended sustained fiscal supp
The IMF headquarters in Washington DC. Shutterstock The International Monetary Fund (IMF) has become increasingly infatuated by the negative consequences of excessive inequality. This new-found missio
The vast majority of International Monetary Fund loans extended during the Covid-19 pandemic have suggested or demanded spending cuts that would worsen poverty and inequality, charity group Oxfam says
Mark Weisbrot The fund’s loan agreement with Ecuador will worsen unemployment and poverty Ecuadorian police arrest a protestor during a demonstration against president Lenin Moreno’s austerity measure
US President Joe Biden looks toward Speaker of the House Nancy Pelosi in Washington, U.S., February 5, 2021. REUTERS/Kevin Lamarque The Biden administration has inherited a crisis in poor and middle-i
Homi Kharas and Kristofer Hamel Wednesday, May 6, 2020 Chief Operating Officer - World Data Lab Using the methods described in the World Poverty Clock, we ask what will happen to the number of poor pe
The International Monetary Fund issued a report Tuesday on the current global economic outlook. The IMF is projecting global growth will contract by more than 4% this year. That’s slightly better than
Kristalina Georgieva says investing to create resilient economies is a ‘win-win-win-win’ scenario Kristalina Georgieva says there is a fourfold benefit from policies aiming to reverse global heating.
General Energy Subsidy Reform Facility: Generates Knowledge to Support Governments to Design and Implement Sustainable Energy Subsidy Reforms while Safeguarding the Welfare of the Poor (2020). This ar
General US Participation in the IMF: A Primer *Pro General economic growth The effects of IMF programs on poverty, income inequality and social expenditure in low income countries: an empirical analys
The International Monetary Fund this week delivered a somewhat surprising message. It warned Earth was on course for “potentially catastrophic” damage under climate change, and called for green invest
The International Monetary Fund (IMF) logo outside their headquarters in Washington, D.C., the U.S., Sep. 4, 2018. (Reuters Photo) The leaders of the International Monetary Fund (IMF) and the World Ba
A clerk counts Chinese 100 yuan banknotes at a bank in Nantong, Jiangsu province. REUTERS/China Daily Financial news outlets have extensively covered the formation of the Asian Infrastructure I
Ghana has, since independence in 1957, regularly turned to the IMF for financial assistance Shutterstock The relationship between Ghana and the International Monetary Fund (IMF) is, to many Gha
The International Monetary Fund (IMF) has been described as the lender of last resort for countries in financial distress. But the stiff medicine doled out by the fund is still subject to huge controv
Almost all governments in the world joined the Paris agreement in 2015 in an effort to tackle climate change. In the same year, many of the same governments paid about US$400 billion in direct and ind
The deep COVID-19 crisis has resulted in the largest decline in global energy demand over the past 70 years. In the first quarter of 2020, it decreased by 3.8 percent relative to the first quarter of
Analysis shows IMF advice to countries accessing Covid-19 emergency funds fails to systematically address climate risks and implicitly endorses fossil fuel subsidies IMF managing director Kristalina G
Daniel J. Mitchell A couple of months ago, I thought I did something meaningful by sharing six separate examples of the International Monetary Fund pressuring sub-Saharan African nations to impose hig
