After being plundered of both its wealth and people by colonial powers, Africa now faces IMF-imposed austerity, obscene debt and forced underdevelopment.
Vijay Prashad: How the IMF Underdevelops Africa
Tag: development
Patrick Lawrence: Speak, Claudia!
“Mexico for Mexicans” — the country’s new president displays the dynamism and determination of an emergent generation of non–Western leaders.
Vijay Prashad: Promethean Aspirations
The U.S. sees the economic advancements of China and other Asian countries as a “fierce competition.” For the Global South, however, this represents immense opportunity.
Vijay Prashad: Paying For War or Peace
The U.N. development forum ending on Thursday brings to mind the aspiration that Colombia’s President Petro expressed last year for humanity to “live far from the apocalypse and times of extinction.”
BRICS Leaders Call for Democratic Global Order
Amid a membership expansion, leaders of the bloc spoke out against sanctions, conditions on sovereign credit and dollar hegemony, Abdul Rahman reports.
The Dependency of Poor Nations
Countries in Latin America, Africa and Asia emerged in the post-World War II era as appendages of a world system that they were unable to define or control, writes Vijay Prashad.
COVID-19: Greatest Test for the World Since 1945, says UN Chief
UN SG Antonio Guterres said the coronavirus pandemic is the “greatest test that we have faced together since the formation of the United Nations,” as he called on rich nations to help prevent a devastating outbreak in the global South.
Taking Away the Ladder
Industrialized countries advanced by means that have been impermissible to the developing world, write Anis Chowdhury and Jomo Kwame Sundaram.