How South African manages the fallout from its likely downgrade by Moody’s in November will determine whether the country will be forced to turn to the IMF for a bailout.
Abolishing the secretive World Bank Tribunal known as the ISDS won’t solve all of the problems of global economic governance. But it seems a very good place to start.
The IMF has increasingly turned its focus to growing inequality worldwide. Ironically, research shows that policy reforms it mandated exacerbated income inequalities.
Now that African countries have signed up for the continental free trade agreement, they must complete the institutional loop by jumpstarting the creation of the African Monetary Fund.
Ghana has completed yet another IMF financial assistance programme. Given its long history of living within its means and then blowing the budget again, will it be knocking on the IMF’s doors soon?
Emmerson Mnangagwa’s administration is struggling to overcome the national economic destruction wreaked on Zimbabwe over two decades under Robert Mugabe.
Ongoing volatility is causing intense debate about how to manage relations between the two powerful nation, which is only likely to become more challenging.