An immediate call for a second Bretton Woods
The world is facing an existential threat in the shape of climate change crisis, with one of the main outcomes in the shape of a likely Pandemicene crisis – where…
Politics and Bretton Woods institutions
‘The “Doing Business” controversy has shaken confidence in the World Bank and the IMF. But it must not obscure the real problems with the Bretton Woods institutions: the disproportionate power of…
There’s need for reformed Bretton Woods institutions
‘But rich countries also have considerable power over the lives of billions of people through their control over institutions of global governance. One of these is the International Monetary Fund.…
A truly global economic policy needed
In an October 24 post by The Guardian, it highlighted the comments made by Kristalina Georgieva, the head of International Monetary Fund (IMF), which are highly indicative of a global…
Neoliberalism, IMF’s exceptional financing & recidivist behaviour of programme countries—I
Traditionally, Pakistan has been infamously called a ‘one-tranche’ country, which although is correct in the context that it has left International Monetary Fund (IMF) programmes after receiving a few initial…
Reinvent the dollar
Imagine: the US national debt has skyrocketed past a staggering $36 trillion – a burden that translates to $275,000 for every American taxpayer. Imagine: the US national debt is exploding…
South Korea’s sub-optimal experience with Neoliberalism: lessons for Pakistan
Pakistan has been actively under neoliberal policies since late 1980s when it first started to come under major International Monetary Fund (IMF) programmes, while its engagement with IMF during earlier…
In search of growth
THERE appears to be growing impatience within the government with the ongoing economic adjustment, and an itch to somehow kick-start growth. The itch grows out of the realisation that the…
A truly global economic policy needed
In an October 24 post by The Guardian, it highlighted the comments made by Kristalina Georgieva, the head of International Monetary Fund (IMF), which are highly indicative of a global…
Zooming in on China
One of the most important factors and common denominators behind the success of great empires was the level of preparedness and willingness to struggle to achieve national goals. The same…
