Articles on IMF

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Two men sit at the roadside in the hope of being offered work. South Africa’s unemployment is moving towards 30%. EPA/NIC BOTHMA

Why South Africa shouldn’t turn to the IMF for help

The idea that South Africa must look towards the International Monetary Fund to rescue itself from the prevailing crisis must be dismissed.
The G20 displayed unprecedented global economic leadership in the past. That leadership is needed again today. Hannibal Hanschke/Reuters

The G20’s economic leadership deficit

The G20 has stopped showing economic leadership at a time when risks are high. Australia can play a role in addressing this.
There are fears that Zambia is slipping into authoritarian rule under President Edgar Lungu. UN Women/Flickr

Zambia slides towards authoritarianism as IMF props up government

The IMF's decision to go ahead with a bailout package for Zambia, despite the government’s democratic failings, could embolden the president to pursue an authoritarian strategy.
Banks are in such poor conditions that it affects Tunisians’ day to day lives. Zoubeir Souissi/Reuters

Why Tunisia’s banks are its main economic weakness

Tunisia's economy has been struggling since the country’s 2011 revolution. Corruption and bad governance within the banking sector is not helping.
Australia’s central bank says labour market conditions have been weaker than expected. Dan Himbrechts/AAP

Vital Signs: where are all the jobs?

Wages are sluggish, underemployment seems stubbornly high, and there is a continued push to part-time rather than full-time employment.
A member of Ghana’s navy attends celebrations in Accra to mark the country’s 60th independence anniversary. EPA/Christian Thompson

Ghana is 60: An African success story with tough challenges ahead

Ghana is very much the African rising star 60 years after independence with an exemplary record in health and education. But it's struggling like many of its peers to meet social and economic targets.
The IMF was blamed after the 2014 Ebola crisis for contributing to the failure of West African health systems to develop. Reuters/Baz Ratner

How years of IMF prescriptions have hurt West African health systems

West African health systems were weak before the IMF got involved. Sadly, the policy reforms demanded by the IMF in exchange for loans have undermined governments' ability to repair these problems.

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