International Monetary Fund

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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.

Alicia Barcena, chief of the United Nations Economic Committee for Latin America and the Caribbean (ECLAC), attends a panel during the U.N. Global Compact for Migration in Marrakesh in 2018.

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.

Egyptian President Abdel Fattah el-Sisi leaves after a meeting with German Chancellor Angela Merkel.

IMF Loans Will Further Entrench Corruption in Egypt

Recently disbursed IMF funding will only help the Sisi regime and entrench its rule.

Turkish President Recep Tayyip Erdogan (center) with his wife, Emine Erdogan, followed by then-International Monetary Fund Director Christine Lagarde (left) in Paris on Nov. 11, 2018, prior to commemorations marking the 100th anniversary of the  armistice ending World War I.

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.

Posters against the International Monetary Fund in Buenos Aires

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.

Somalis wait at a food distribution center outside Mogadishu.

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.

Hundreds of supporters raise their arms and wave the national flag while waiting to greet the Cameroonian opposition leader Maurice Kamto in Yaoundé on Oct. 5, the day of his release from prison.

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.

Egyptian President Abdel Fattah al-Sisi meets with Managing Director of the International Monetary Fund Christine Lagarde in Hangzhou, China, on Sept. 3, 2016.

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.

A woman holds a Japanese flag as she listens to Prime Minister Shinzo Abe speaking during a rally in Tokyo on Sept. 19. (Tomohiro Ohsumi/Getty Images)

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.

Ships in the Port Louis harbor in Mauritius on Dec. 25, 2015. (T. Vale/Getty Images)

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.

Chinese engineers work on the bridge and friendship tunnel connected to the  Karakoram highway in Pakistan on June 30, 2015.

Pakistan’s Economic Turmoil Threatens China’s Ambitions

The balance-of-payments crisis and likely IMF talks could undermine Beijing’s investments.

Demonstrators protest near the prime minister's office in Amman, Jordan, on June 6. (Ahmad Gharabli/AFP/Getty Images)

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.

Protests against planned pension reforms in Athens on Feb. 12, 2016. (Milos Bicanski/Getty Images)

Never Mind the Troika, Here’s Rouvikonas

Greece’s prolonged austerity has given rise to a movement of middle-class anarchism.

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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.

US President Donald Trump and US Vice President Mike Pence (R) stand alongside Commerce Secretary Wilbur Ross as he speaks about Trump signing executive orders on trade policies in the Oval Office of the White House in Washington, DC, March 31, 2017. / AFP PHOTO / SAUL LOEB        (Photo credit should read SAUL LOEB/AFP/Getty Images)

Don’t Abdicate America’s Leadership Role at the IMF

Unfortunately, that’s exactly what the Trump administration seems to be doing.

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Egypt’s Coming Revolt of the Poor

President Abdel Fattah al-Sisi's regime has exploited an IMF agreement to squeeze the lower classes and enrich a small clique of former generals.

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Trump Treasury Nominees Aren’t Partial To IMF Bailouts

That doesn’t bode well for Greece, which appears to be hurtling toward another default.

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Don’t Look Now, But There’s Another Greek Debt Crisis Brewing

Talks over Athens’ debt burden threaten to spill into European election season.

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IMF: Anti-Trade and Immigration Rhetoric Put the U.S. At Risk

The fund warns harsh words on the U.S. campaign trail put globalization at risk.