The World Bank Is Missing U.S. Leadership
Biden’s sacking of Trump appointees at international financial institutions has left a vacuum.
Emerging Stronger From the Great Lockdown
The managing director and the chief economist of the International Monetary Fund lay out a strategy for sustained recovery.
After COVID-19, Latin America Braces for ‘Lost Decade’
Already one of the most unequal regions in the world, it may face an unprecedented rise in inequality and poverty due to the economic carnage of the pandemic.
IMF Loans Will Further Entrench Corruption in Egypt
Recently disbursed IMF funding will only help the Sisi regime and entrench its rule.
Why Erdogan Won’t Ask the IMF for Help
Turkey’s economy is a mess, but its president won’t seek an IMF loan because the conditions would mean giving up his extensive patronage network.
Argentina’s Friendships Could Jeopardize Its Debt Relief
Facing a coronavirus-aggravated economic downturn, Argentine President Alberto Fernández is walking a foreign-policy tightrope between Bolivia, Venezuela, and the United States.
U.S. Bureaucratic Blunder Could Cost Somalia Desperately Needed Debt Relief
U.S. ambassador considers resigning over the issue, which could harm U.S. anti-terrorism mission and aid programs there, officials say.
Trump Must Put Real Pressure on Cameroon
Symbolic half-measures like revoking preferential trade status are not enough to force the repressive regime of Paul Biya to change. Canceling IMF loans and military aid would show that the White House is serious.
Egypt’s Economy Isn’t Booming. It’s Collapsing.
Abdel Fattah al-Sisi has sold his country as an investment destination with the IMF’s help—but the living standards of ordinary Egyptians are plummeting as elites line their pockets.
The Fate of the World Order Rests on Tokyo’s Shoulders
Japan was one of the system’s biggest winners, and it is one of the few countries that can save it now.
African Governments Are Paying for the World Bank’s Mauritius Miracle
Ghost offices on the small island provide legal but questionable means of siphoning tax dollars away from poor countries and into the pockets of the global elite.
Pakistan’s Economic Turmoil Threatens China’s Ambitions
The balance-of-payments crisis and likely IMF talks could undermine Beijing’s investments.
Jordan’s Protests Are a Ritual, Not a Revolution
By trading geopolitical importance for aid and showing restraint when unrest erupts, the kingdom has managed to remain stable for decades.
Never Mind the Troika, Here’s Rouvikonas
Greece’s prolonged austerity has given rise to a movement of middle-class anarchism.
IMF Chief Paves a Path For Another Greek Rescue
The emergency-lending bank satisfied German demands, but won’t contribute more cash to the bailout until Greece gets some debt relief.
Don’t Abdicate America’s Leadership Role at the IMF
Unfortunately, that’s exactly what the Trump administration seems to be doing.
IMF Forecasts Increased World Economic Growth Despite Rising Protectionism
The good times may not last long, the IMF warns.