'Tweaking the Fund's mandate will not do the trick,' wrote ProgIntl general coordinator davidrkadler. 'Only strong mechanisms of accountability—changing both who decides and how—can end the Fund's impunity.'
to promote"financial stability" and"strong economies" in ways that are consistent with what Georgieva called the institution's"new spirit of solidarity," Adler stressed that"it is now or never."
He proceeded to catalog how, despite Georgieva's pledge to do better, the IMF has continued to destabilize and weaken economies around the globe over the past two years, with especially"Of the 85 countries that received pandemic support from the IMF, 73 of them have been forced to undertake austerity measures in the name of 'fiscal consolidation," Adler noted.
Jayati Ghosh, professor of economics at the University of Massachusetts Amherst and member of its heterodox Political Economy Research Institute, praised Adler's essay, emphasizing that"the current IMF strategy is not only unjust and inadequate, it spells disaster for the world economy and for the planet."
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Report: Dems Look to Fund Effort to Elect Local Election SupervisorsDemocrats are reportedly looking to raise $80 million to fund an effort to find, train, and support candidates for local offices in charge of elections.
Consulte Mais informação »
Netflix Teaming With Arab Fund for Arts and Culture on $250,000 Grant for Arab Female FilmmakersFive projects from across the region have been shortlisted for the grant, which comes via the Netflix Fund for Creative Equity.
Consulte Mais informação »
Netflix Partners With Arab Fund For Arts And Culture To Support Female FilmmakersNetflix is partnering with the Arab Fund for Arts and Culture (AFAC) to support five Arab women filmmakers. The pact will see the streamer provide a one-time grant of $250,000 to female producers a…
Consulte Mais informação »
Vietnam automaker VinFast files for U.S. IPO to fund expansionVietnamese automaker VinFast said on Thursday its Singapore-based holding company had filed for an initial public offering (IPO) with U.S. securities regulators, as it plans spending of $4 billion on its first U.S. factory complex.
Consulte Mais informação »
WATCH LIVE: Houston-area legal service providers, community members hold news conference to announce launch of Immigrant Legal Services FundAdvocates, community leaders and immigrant legal service providers will hold a news conference to announce the launch of the Harris County Immigrant Legal Services Fund.
Consulte Mais informação »
For Chris Paul and the Suns, closing time against Pelicans came earlyChris Paul goes off in the fourth quarter to end Pelicans' hope of a comeback.
Consulte Mais informação »