Countries in the Global South increasingly view President Trump’s “America First” foreign economic policies as both a coercive force and a catalyst for greater economic autonomy.
IMF
Posted inAmerica and the World
Make Argentina Crash Again: On Milei’s Neoliberal Experiment
The short-term political boost to the Argentine president’s fortunes is unlikely to continue, as the familiar cycle of crisis and default looms.
Posted inTAP
Bessent’s Bizarre Bailout
Today on TAP: Argentina will get U.S. help despite its perverse economic policies, only because fellow economic pervert Trump and Argentina’s Milei are soulmates. It won’t work.
Posted inTAP
Argentina: Vultures Come Home to Roost
Today on TAP: How America’s most predatory hedge funds deepened Argentina’s economic miseries and helped invite a far-right reaction
Posted inAmerica and the World
Rising Debt and Sickly Growth
The World Bank and IMF are asking developing countries to do more with less.
Posted inAmerica and the World
Ukraine’s Neoliberal War Mobilization
Low taxes, privatization, and pared-back labor protections could undermine Ukraine’s fight against Russian aggression.
Posted inAmerica and the World
IMF and World Bank Predict Tolerable Crises
Rich economies expect to be largely unaffected by debt distress and looming defaults in developing countries.
Posted inEconomic Policy
The Vibe Shift to Stuff
With the real economy resurgent, the World Bank and IMF could be reformed to manage capital flows and make trade deals about trade again. But the mood in Washington makes this unlikely.