Tag: Nepal

Austerity & a New Cold War With China

Vijay Prashad says the expanding IMF-driven debt crisis, which has converted the idea of “financing for development” into “financing for debt servicing,” bears watching while China waives debt to 17 African nations. 

Building a Public Future

The authors wave a red flag at public-private partnerships, which, despite major failures, continue to be promoted by institutions such as the World Bank to finance social services and infrastructure.