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 InternationalContinue 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 socialContinue Reading
Is the WB-IMF paradigm suitable for the Global South?
The feminist movement has denounced since the 1970s and 1980s the harmful role of the World Bank and International Monetary Fund (WB-IMF) in the Global South. In the 80’s, theContinue Reading
No to more continued failings by the World Bank and IMF
For 80 years, the IMF and World Bank have played a key role in the global financial system. However, both institutions have failed to provide resilience and stability to globalContinue Reading
80 years of IMF and World Bank Colonisation of the World — The Sri Lankan Experience
The International Monetary Fund (IMF) has recently become a prominent topic in Sri Lanka due to the austerity measures it proposed to address the country’s debt crisis. These measures haveContinue Reading