“I hope people will listen now” said Christine Lagarde, the managing director of the International Monetary Fund (IMF), at the World Economic Forum in Davos last month. Lagarde was alluding to the wav
Two men sit at the roadside in the hope of being offered work. South Africa’s unemployment is moving towards 30%. The view that South Africa should look towards the International Monetary Fund
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
The US and China are increasingly rivals on the world stage, competing over resources, policy and influence. One region where China has spent years establishing a foothold is Africa. Now the US is als
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 entire global community is now facing the unprecedented triple crisis of a global health pandemic, economic recession and global financial meltdown – and the fates of rich and poor countries have
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
