For an explanation of the massive inflationary wave that is now cresting on the world and causing widespread suffering and instability, Vijay Prashad turns to U.S. economic policy.
Investing in Guns or People?
Tag: IMF
Dark Times with a Sliver of Light
Vijay Prashad raises the hope that Argentina — which just joined China’s BRI — can forge a development strategy not written by IMF staffers in Washington.
IMF Loans Forcing Austerity on Crisis-Ravaged Nations
IMF pandemic-related loans are forcing developing nations to implement austerity measures that fuel further impoverishment and inequality, an Oxfam analysis finds.
A Period of Great Tectonic Shifts
Vijay Prashad presents six theses about the establishment of the U.S.-shaped world order in 1990 and its current fragility in the face of growing Russian and Chinese power.
COVID-19: A Just Recovery for North Africa’s Food
The region could be an area for cooperation and solidarity among its peoples, say the authors. But not under the current agro-food model.
The Attack on Healthcare as a Human Right
In a world divided by the Cold War, the Almaty declaration of 1978 was a triumph for humanity, write Anis Chowdhury and Jomo Kwame Sundaram. Then came the 1980s.
Pepe Escobar: Afghanistan? Follow the Money
With the fall of Kabul, Pepe Escobar says it’s becoming clear that financial soft power tactics may be even more deadly than a NATO occupation.
COVID-19: Paltry International Support for Global South
Unsurprisingly, this has become a “developing-country pandemic,” write Anis Chowdhury and Jomo Kwame Sundaram.
Rescuing Rich Investors in Poor Countries
John Smith confronts creditors’ response to the greatest debt crisis in history.
Nigeria’s Ecological Emergency
No amount of clean technology, industrial growth or boosts to GDP will avert the economic and climate crises inextricable to profit-driven extraction, writes Lee Wengraf.