IMF Confidence Crisis

The International Monetary Fund is increasingly irrelevant and even its own assessment found major flaws in its track record in the poorest countries.

Globalization in Retreat

Globalization in Retreat

One world economy ready or not? FPIF columnist Walden Bello argues that globalization has reached its high-water mark and is receding.

Laos: Power Trumps Reform

Without political reform, Laos will continue to be mired in debt and poverty, argues Ronald Bruce St John.

IMF Identity Crisis

The IMF’s proposed modest reforms will fail to resolve its legitimacy and relevancy crisis.

Hurricane Milton

Economist Milton Friedman cut a devastating path through the Global South.

Military Intelligence

In his bid to appeal to a conservative base on the road to 2008, John McCain repeatedly urged last week that the United States send more troops to Iraq to get the job done. The military response to McCain’s political appeal demonstrates that military intelligence is no oxymoron.

Chain-Gang Economics

Chain-Gang Economics

China and the United States are sustaining the global economy. But as FPIF columnist Walden Bello points out, this linked relationship is part of the problem, not part of the solution.

Africa Falls Off the IMF Agenda (Again)

A shuffling of the Fund’s voting shares slashed Africa’s already minimal decision-making power. While unfair, the move is just a symptom of what’s wrong with the IMF.