Europe is experiencing a wave of optimism that its seven-year Greek drama may be finally coming to a close. Only one way to do that: Share Greece’s pain.
Africa should be concerned about news that the World Bank is looking to migrate from the model that largely relies on funding member states to become a broker of private capital.
There are fears that Zambia is slipping into authoritarian rule under President Edgar Lungu.
UN Women/Flickr
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.
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
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.
IMF leaders should practise what they preach when it comes to inequality.
Jonathan Ernst/Reuters
The IMF has been expressing public concern about inequality since 2010, but this has not translated into concrete action within the IMF’s own policies and programs.
BRICS is slowly being written off as a bloc that can administer coherent political action.
World Bank president Jim Kim was recently appointed for a second term, but there are questions about the transparency of this process.
Adnan Abidi/Reuters