Articles on International Monetary Fund

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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.
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.
The not-for-profit sector continues to grow in Africa and across the world. Shutterstock

The role of NGOs in Africa: are they a force for good?

Non-governmental organisations are criticised for pandering to the whims of the donor community at the expense of local populations. The real question is: can they bring about real change?
Chinese company managers at the site of a highway project in Kenya. While traditional donors fund the social sectors, China’s emphasis is infrastructure. Reuters/Antony Njuguna

Is China displacing traditional aid donors in Africa? The evidence suggests not

The pervasive new argument is that China is upending the dominance of traditional Africa aid donors from the West. But a new study shows that while China is making inroads, the West is staying put.
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.
Mozambique should prioritise spending on infrastructure, agricultural development and human capital to ensure sustained growth. Reuters/Grant Lee Neuenburg

How Mozambique can contain its debt crisis and avoid long-term damage

Mozambique returns to the limelight following controversy over its external debt. How can the country contain this situation and avoid a downward spiral?
Major development banks are funding logging, mining and infrastructure projects that are having enormous impacts on nature. Here, forests are being razed along a newly constructed road in central Amazonia. William Laurance

Development banks threaten to unleash an infrastructure tsunami on the environment

Big new investors such as the Asian Infrastructure Development Bank are key players in a worldwide infrastructure, and that could be bad news for the environment.
Rwanda’s experience shows that the ‘Green Revolution’ is not as transformative as it is made out to be. Supplied

Why the ‘Green Revolution’ is making farmers poorer in Rwanda

The modernisation of agriculture has been touted by economists and the IMF as a way of reducing poverty in sub-Saharan Africa. But caution about the benefits of the Green Revolution is advisable.
Queensland’s debt: is it sky high, or under control? An economist shows what you need to know to judge for yourself. AAP/Dan Peled

The true state of Queensland debt

How much debt is Queensland really in? How much of that debt can past Labor governments bear responsibility for, and has the current Liberal National government cut or added to it? And how does Queensland’s…

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