International Monetary Fund (IMF)

Debt Cancellation in Africa: Different Loan Paradigms, Different Development Outcomes

cc Flickr Nelso Silva, modified, https://creativecommons.org/licenses/by-sa/2.0/

A case study examining French and Chinese infrastructure loans in Africa highlights that, though both are aimed at stimulating domestic production, only one produces a sustainable development outcome for the recipient.

African States Reel amid COVID-19 Debt Crunch

cc Flickr Addy Cameron-Huff, modified, https://creativecommons.org/licenses/by/2.0/

The question of a debt crisis in the developing world has shifted to ‘when,’ not ‘if.’

Peronists Declare Victory in Argentina’s Back-to-the-Future Elections

Argentina22, cc Flickr Beatrice Murch,modified, https://creativecommons.org/licenses/by/2.0/

Macri’s defeat marks a setback for right-wing politics in an increasingly volatile region.

IMF Report Sounds Alarm over Trade Wars, Global Growth

Shipping containers in Barcelona, cc Flickr David Merrett, modified, https://creativecommons.org/licenses/by/2.0/

The IMF’s latest global economic outlook picks up where it left off in April by further reducing growth projections for 2019 and 2020.

Shock Poll Puts Austerity on Notice in Argentina

(Buenos Aires - Argentina, 06/06/2019) Presidente da República, Jair Bolsonaro durante Reunião Ampliada com o Presidente da República Argentina, Mauricio Macri. Foto: Marcos Corrêa/PR cc Palácio do Planalto, Flickr, modified, https://creativecommons.org/licenses/by/2.0/

Voters caught investors off-guard with their early rejection of Macri’s austerity policies. But will the resulting carnage in Argentine currency and equity markets change any minds?

Ratings Agencies Add to Sri Lanka’s Political Woes

SriLankaPoster, cc Flickr Vikalpa | Groundviews | Maatram | CPA, modified, https://creativecommons.org/licenses/by/2.0/

The political and economic difficulties are piling up for Sri Lanka.

Pakistan IMF Bailout Talks Spinning their Tires

LagardeIMF, cc Flickr Valsts kanceleja/ State Chancellery, modified, https://creativecommons.org/licenses/by-sa/2.0/

In Pakistan’s failed IMF talks, we see growing friction between the old and the new financial word orders.

Will the IMF Rescue Macri’s ‘Gradual Austerity’ in Argentina?

Macri, cc Flickr Gobierno de la Ciudad de Buenos Aires, modified, https://creativecommons.org/licenses/by/2.0/

Argentinian President Mauricio Macri talked the talk of market liberalization, but his government has walked right into another IMF bailout.

Argentina’s Finances Are Hamstringing Its International Role (Again)

MacriPutin2, cc Kremlin.ru, modified, http://en.kremlin.ru/events/president/news/56691

In spite of its geopolitical gifts, financial crisis may once again be thwarting Argentina’s regional ambitions.

Global Forecast (04-17-2018)

GPM-placeholder-forecast

Ambivalence in the United States on new Russia sanctions, a Jupiter rises to defend democracy in Europe, and the IMF predicts solid global growth for 2018.

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