The IMF is Back? Think Again
Accounts that herald the IMF’s “revival” are premature and superficial.
Overhauling Global Finance
The UN’s Stiglitz Commission is calling for short-term economic stimulus measures to help introduce, and above all not obstruct, required long-term changes.
World Bank Corruption
The Bank’s management tried to stifle an internal report that found that its funds are vulnerable to theft and diversion.
G20 and Global Poverty
Heres the good, the bad, and whats next.
Fixing the IMF
World powers can’t rely more on the International Monetary Fund to buffer the impact of the economic crisis on poor nations unless they fix many of the Fund’s flaws first.
U-20: Will the Global Economy Resurface?
Like an injured German U-Boat, the global economy continues to sink. Columnist Walden Bello asks: Can the G-20 meeting bring it back to the surface before we all perish?
Planning for Failure in Afghanistan
Obama’s plan for Afghanistan will likely result in the U.S. (and NATO) being trapped in the region for decades to come.
Chomsky: Understanding the Crisis Markets, the State and Hypocrisy
It’s time for the United States to finally deal with its dysfunctional health care and to find inspiration in South America.
Obama: Sweep Away a Free Trade Relic
Among the most embarrassing, yet often overlooked economic policies of the Bush and Clinton years was the penchant for making other countries restrict capital controls, even though such controls had proved effective against financial volatility.
The Coming Capitalist Consensus
Economic and political elites are converging on Global Social Democracy as a solution to the current economic crisis. Columnist Walden Bello offers a timely critique of this new consensus.
Financial Crisis Hits Overseas Workers
As financial crisis looms, the Philippines look to overseas Filipinos to keep the country together.
Green Paper Gold
Here’s an innovative way to tackle the economic crisis and global warming in one sweeping proposal.
Charting a Progressive International Financial Agenda
We’ve got the best opportunity in 60 years to create a more pro-people global financial order.
Drawing the Future From the Past
Since the end to the U.S. wars in Southeast Asia, many other wars have been waged, in other parts of the world, in new terrain, villages, and communities. Yet, the wars in Southeast Asia lingers.
Assessing the G-20 Declaration
This contradictory document identifies financial institution failures and calls for new regulatory measures, and at the same time, salutes the free market and some of the institutions behind the financial and economic crisis.