Asia Debt Monitor 2024 Issue #2
Read the latest issue of the Asia Debt Monitor here.Continue Reading
World Bank and IMF — Keeping Pakistan in shackles
On 11th December 2024, while replying to a question in Pakistan’s National Assembly, the federal finance minister admitted for the first time that since 2019, and while under an International Monetary Fund (IMF) programme, gas prices increased by a record 840% and electricity tariffs rose over 110 %. Both developmentsContinue Reading
The Project of Austerity in the Global South: Four decades of eroding the social contract and resistance for paradigm transformation
For over four decades, the ascendance of fiscal austerity as a multifaceted political and economic project within the larger ambit of structural adjustment has shaped the economic, political, and social realities of countries and communities across the Global South. In the context of an international financial architecture that provides littleContinue Reading