From Promoting Economic Pluralism
The incoming president of the World Bank was born in India and forged his early business success there, a fact supporters say gives Ajay Banga valuable insight into the challenges faced by …
New India-born World Bank chief: Real change or rebranding? Read More
Following the release of the Intergovernmental Panel on Climate Change’s (IPCC) ‘final warning’ report on the climate crisis, UN chief António Guterres warned: “Our world needs climate action on all fronts: …
World Bank falling short on climate action and locking countries into fossil fuels Read More
WASHINGTON (AP) — The United States is nominating former Mastercard CEO Ajay Banga to lead the World Bank, President Joe Biden announced on Thursday, crediting him with critical experience on global …
US nominates Ajay Banga for World Bank president Read More
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 …
Home grown is better for you Read More
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 …
Where is credit due? Read More
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 …
IMF board gets initial briefing on Georgieva role in China data rigging scandal Read More
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 …
Surging inflation in Nigeria fuels crime wave – World Bank Read More
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, …
GDP Numbers Not What They Seem Read More
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 …
Another IMF Loan Feared For Kenya Read More
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 …
The pathology of economics Read More