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: IMF
Vijay Prashad: Beyond a World of Debt
With the churning of the global order, there might now be an opportunity to create new financial strategies for development.
Vijay Prashad: Washington’s IMF Stranglehold
In the deeply undemocratic institution, the U.S. effectively holds a veto over any major changes and molds policies according to its whims.
Vijay Prashad: Three New Kinds of Refugees
Despite many attempts to redefine the term “refugee,” it remains in international law as a term related to persecution and not to starvation.
Vijay Prashad: The Congo War Will End
The Congolese people do not control their wealth. There is an urgent desire for a project that would bring people together around the shared interests of the majority.
Hyper-Imperialism
The West is unable to come to terms with its slow demise as the dominating bloc in the world, writes Vijay Prashad.
Despite Growth, Only Social Movements Will Bring Progress
A future that centers the well-being of humankind and the planet will not materialize on its own, writes Vijay Prashad. It will only emerge from organised social struggle.
BRICS: Global Center of Gravity Shifts
As is often the case in history, the actions of a dying empire create common ground for its victims to look for alternatives, writes Vijay Prashad.
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.