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The fund’s loan agreement with Ecuador will worsen unemployment and poverty, providing more reasons for serious reform at the IMF, writes Mark Weisbrot.
If we recouped the annual global revenue losses due to multinational tax avoidance, we could literally eliminate extreme income poverty around the world, writes Alex Cobham for Truthout.
A decade after the financial crisis shook the foundations of the global financial system, the Bretton Woods Institutions face an uncertain future. The following overview is written for a series on the 'crisis of multilateralism' by openDemocracy with The Bretton Woods Project.
We need a radically different and rebalanced financial system which ensures that the very poorest are included and actively supported to thrive, and in which developing countries have an equal say in making the rules governing the global economy. A briefing from Christian Aid.
Debt repayments by the world’s poorest countries have doubled since 2010 to reach their highest level since just before the internationally organised write-off in 2005, campaigners have warned.
