Debt as Slavery; Entire Nations Face a Cost-of-Living Crisis
By Max Lawson Not just people, entire nations are facing a cost-of-living crisis Spare a thought for the Finance Minister in his office in almost any of the world’s developing countries. He (it is still almost always a he) is struggling with an economy still…
AFRICA BEING PUSHED TO THE LIMITS: How the bid to meet IMF requirements creates a fertile ground for inequality.
By Lusungu Kacheche Dzinkambani African countries started their Covid-19 recovery period in a very parlous economic state. Poor people’s income fell sharply during the pandemic and according to UNECA, the pandemic forced 55 million into poverty in 2020. At the same time, Africa’s debt burden…
Austerity is Not the Answer to Africa’s Colliding Crises
By Anthony Kamande Our continent faces droughts and spiking prices that are pushing millions into hunger and poverty, a debt crisis and the ongoing pandemic. So why are countries cutting billions in spending? Anthony Kamande introduces a new Oxfam Pan Africa briefing based on our…
COVID-19 Impact on Inequality: What does the Latest Analysis Show Us?
By Max Lawson Coronavirus and inequality; what is the latest? Last year at the Annual Meetings of the World Bank and IMF there was a lot of talk about the impact of Coronavirus on inequality levels; in short a widespread agreement that the likelihood was…
IMF CHIEF KRISTALINA GEORGIEVA – ON COMMUNISM, CARBON, AND CORONAVIRUS
What a way to kick off season 3! Nadia Daar and Max Lawson start us off with a truly illuminating conversation with one of the world’s most powerful people, Kristalina Georgieva, Managing Director of the International Monetary Fund (“IMF”). What does communism have to do…
THE INEQUALITY VIRUS – How Coronavirus Preys on The Vulnerable
Coronavirus threatens us all. And it is clear how it is exposing and exploiting the extreme inequality that defines our world – and preying on the world’s most vulnerable people. The virus is on everyone’s minds and in the next few episodes we want to…