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Bandage on a Bullet Wound

Click to expand Image © 2023 Human Rights Watch The report makes several key findings. First, it finds that the Fund continues to rely on its traditional approach of expecting governments to reduce debt through fiscal consolidation, which raises significant human rights concerns. While “fiscal consolidation” refers broadly to reducing debt by cutting public spending or increasing revenues, the report finds that programs routinely include conditionalities that impose cuts to public spending and

Sri lankaCabo verdeGuinea bissauUnited statesColumbia universityNew yorkUnited kingdomRepublic ofPapua new guineaBretton woodsDead seaIsrael generalCosta ricaMartin mckeeMohamad al ississSara kayyali

Damning report on why IMF structural adjustment programmes fail

The majority of the International Monetary Fund’s structural adjustment programmes, most of which are imposed on developing countries ostensibly to get their economics back on track, fail because of IMF meddling and end up plunging the countries into a dependency trap, a new study says. The study by Bernhard Reinsberg of the University of Glasgow,

United statesAlexander kentikelenisBernhard reinsbergJason hickelThomas stubbsJohn maynard keynesUniversity of bocconiUniversity of londonInternational monetary fundUniversity of glasgowWorld bankBretton woods

Sri Lanka s Proposed Anti-terror Law Makes Dissent an Act of Terror – The Diplomat

The government is arming itself with a law to crush mass protests and strikes aimed at opposing its economic policies and IMF austerity measures.

Sri lankaUnited kingdomSri lankanMaithripala sirisenaRanil wickremesingheGotabaya rajapaksaValentin langThomas stubbsJayadeva uyangodaAlexander kentikelenisBoson universityUnited nationsUniversity of cambridgeUniversity of mannheimSupreme courtMinistry of defense

Is the IMF fit for purpose?

<strong>The long read</strong>: As the world faces the worst debt crisis in decades, the need for a global lender of last resort is clearer than ever. But many nations view the IMF as overbearing, or even neocolonial – and are now looking elsewhere for help

United statesUnited kingdomSri lankaSouth koreaJakarta rayaSulawesi tenggaraBretton woodsWorld bankDistrict of columbiaSri lankanDani rodrikAlexander kentikelenisAdam toozeJohn maynard keynesThomas stubbsMichel camdessus

LankaWeb – Poverty, Inequality and the IMF: How Austerity Hurts the Poor and Widens Inequality

LankaWeb – Poverty, Inequality and the IMF: How Austerity Hurts the Poor and Widens Inequality
lankaweb.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from lankaweb.com Daily Mail and Mail on Sunday newspapers.

Thomas stubbsKevinp gallagherRebecca rayAlexander kentikelenisInternational monetary fundBoston university global development policyReuben hayfron

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