Simply Put: The IMF optimism
COP26: Africa’s challenges must steer the climate change conference
Africa carries the heaviest burden of the associated climate change effects
Global annual output growth to drop to 1.9 per cent in 2023, courtesy Ukraine, COVID-19
Growth in India expected to remain strong at 5.8 per cent, albeit lower than 6.4 per cent in 2022, according to new UN report
The World Bank and IMF are using flawed logic in their quest to do away with the informal sector
What’s put forward as pro-poor interventions in the reports in fact risk actively increasing inequality and further disadvantaging …
Climate disasters are becoming more frequent in west, central Asia than other regions: IMF
West and central Asia are hotspots for climate change due to their geographical setting, says new paper
India’s poverty: There is no end to Surjit Bhalla’s imagination
The IMF executive director has just declared that India was nearly free of extreme poverty in 2020 and inequality was lowest in 40 years due to …
Why African countries are reluctant to take up COVID-19 debt relief
Poor countries know that the debt markets are not favourable to them; they acknowledge the risk of being punished by existing creditors, …
India’s declining rural income pulls downs global economic growth: IMF
International Monetary Fund says downgrade of global economy due to India’s dipping growth rates
Why opposing the man Trump wants as head of the World Bank might just work
US President Trump’s nomination of his Treasury Undersecretary David Malpass to World Bank should be seen more as an opportunity by African …
US dollar’s grip on global markets might be over, warns Goldman
Years of talking about abandoning the US dollar, Russia and China are doing it for real. In the first quarter of 2020, share of dollar in trade …
Justice league for people’s rights
In June 1979, an innovation in the field of law and politics came about in the form of Permanent Peoples’ Tribunal. The idea behind it is …
‘Cancel all debt’: Activists disrupt IMF, World Bank annual meet
Call for reparations as solution for stabilising global economy during debt restructuring panel
Need to ramp up vaccine supply for developing countries: Global task force on COVID-19
Heads of the World Bank Group, International Monetary Fund, World Health Organization and World Trade Organization met for the first time …
The World Bank used to cause untold harm — but 30 years ago it started reforming. What went right
The bank supported some projects that were environmentally and socially damaging
Almost 60% of Africa’s low-income countries in debt distress: UNCTAD
Ghana and Tunisia are in talks with the International Monetary Fund (IMF) for emergency loans
Reforming global governance institutions the Indian way
Multilateralism has not failed; it is the governments of nation states that have miserably failed to carry out the ethos of multilateralism.
COVID-19: UNCTAD predicts $3.4 tln debt for developing countries
Income losses to exceed $220 bln in developing countries, says report
Can Nigeria kill the fuel subsidy?
With nearly 5,000% increase in expenditure on petrol import subsidy, IMF and World Bank call for funds for education and health sectors
Bank’s first contest
Developing countries challenge US monopoly by putting up candidates for World Bank’s presidency
World bodies release new principles on cost-effective carbon pricing schemes
New World Bank Report states that carbon-pricing schemes are worth US $50 billion
Debt crisis and gap in affordable climate finance in focus at IMF, World Bank meeting
Spring Meetings 2023 took place from April 10-16, 2023 in Washington DC
Time to reform UN Security Council, Bretton Woods system outdated: Guterres
Can’t ignore vast majority of countries suffering a deep financial crisis, UN Secretary-General says at G7 meet
Special Drawing Rights can help developing countries to build back greener
Sustainable recovery needs to trump politics at IMF to provide access to stable finance in accordance with climate goals
SDG commitments need financing, local monitoring: NITI Aayog
The National Indicator Framework, which monitors SDGs at the national level, did not include indicators for 36 out of the 169 targets, pointed …
2022 too short, too far: How did the economy fare last year
Down To Earth recaps the primary environment, health and developmental news from 2022