Home grown is better for you
Harshita Bhasin and Anirban Dasgupta warn of the perils of living on imported food. The food crisis fueling an ongoing rush of inflation globally was already brewing due to the …
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Where is credit due?
Nick Bernards looks at financial solutions to poverty and their remarkable durability. In 2019, World Bank vice president for equitable growth, finance and institutions, Ceyla Pazarbasioglu, sang the virtues of …
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IMF board gets initial briefing on Georgieva role in China data rigging scandal
WASHINGTON – The International Monetary Fund said its executive board met on Tuesday to discuss a report prepared for the World Bank alleging that IMF chief Kristalina Georgieva pressured staff to alter data …
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Surging inflation in Nigeria fuels crime wave – World Bank
Surging inflation is undermining the recovery of Africa’s biggest economy, pushing 7 million Nigerians into poverty and encouraging criminality as rising prices deplete already meager incomes, according to the World …
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GDP Numbers Not What They Seem
GDP growth appears positive The World Bank has added its voice to those predicting the global economy will recover faster from the pandemic than previously thought. According to its latest report, …
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Another IMF Loan Feared For Kenya
Kenya is suffering from a financial crisis, and the government has invited the IMF back. But those who survived the IMF and World Bank Structural Adjustment Programmes of the ’80s …
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The pathology of economics
Covid-19 exposes the deadly dominance of neoclassical economics in Africa. Howard Stein. On 24 February 2021 Ghana received a vaccine shipment (600,000 doses), the first to sub-Saharan Africa under the …
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Pandemic to create millions of ‘new poor’ in East Asia: World Bank
Up to 38 million people in East Asian and Pacific countries will be pushed into poverty by the coronavirus crisis, the World Bank has said. It will be the region’s …
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$4.2 Trillion Can Be Saved by Investing in More Resilient Infrastructure – World Bank
The net benefit on average of investing in more resilient infrastructure in low- and middle-income countries would be $4.2 trillion with $4 in benefit for each $1 invested, according to …
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World Bank chief calls for transparency in China’s foreign lending
Malpass says greater openness is crucial to avoid debt traps. FUKUOKA, Japan — The World Bank is “working hard” to ensure China improves transparency in lending to developing countries, the …
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