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.
World Bank
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 inPolitics
President Biden Should Get Rid of Trump Holdovers
When a president attempts a coup, his lackeys ought to be purged from federal service.
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 inAmerica and the World
U.S. Declines to Blunt Pain as It Exports Inflation to Poor Countries
The Treasury is resisting calls to provide emergency liquidity for emerging markets facing a strong dollar.
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.
Posted inAmerica and the World
Developing Countries Strained by Rich-World Monetary Tightening
A new report shows how rising commodity prices, on top of macroeconomic tightening by the Fed, could spark riots in low- and middle-income countries.
Posted inAmerica and the World
Tanzania and Nigeria Struggle With Water Access, Quality
As the climate crisis intensifies and COVID-19 persists, the two countries still confront problems that privatization efforts never solved.
Posted inEnergy and the Environment
At U.N. Climate Talks, What Mattered Most Went Unsaid
A Wall Street–led energy transition; punitive credit conditions for developing countries; sustained oil and gas drilling