Issues / Labor, Trade, & Finance
Despite the IMF's reformist rhetoric about "bailing in" foreign investors and distributing adjustment costs more equitably, there is nothing novel about the new IMF standby credit. It is once again about bailing out banks and bondholders.
We should be urging changes to a Bush foreign policy that has diminished the importance of peacemaking and international human rights.
It is time India realizes that it has to develop its own low-cost farming strategies, suited to the needs of the country.
So much for nuclear weapons as a deterrent against war
The new IMF prescription of fiscal austerity and no capital controls makes little economic sense.
brief review of Argentina's decline from poster child of the IMF and Wall Street during most of the 1990s
The dynamics of the system of deregulated, finance-driven global capitalism are the central problem of the current economy.
At one level there is a kind of donor fatigue, at another there are concerns about security in the country.
" This is a "betrayal of capitalism" in which the "most fundamental principles of our market system were being flouted."
This week's official inauguration of the African Union (AU), which replaces the moribund Organization of African Unity (OAU), was held amid predictable fanfare.