The economic and political upheavals Sri Lanka has faced in recent years, including its 2022 debt default and the mass protests that ousted former President Gotabaya Rajapaksa, serve as a stark reminder of the dangers …
Tag Archive for: "IMF"
The global institutional architecture designed in the aftermath of World War II to ensure that disaster was never repeated is showing its age. The United Nations, the International Monetary Fund and the World Bank are all …
China’s Belt and Road Initiative, which is celebrating its 10th anniversary this week, has now advanced more than US$330 billion, which is about 80% of the lending of the World Bank over that period. The …
The world needs to prepare for a cascade of financial crises across emerging and developing economies. The writing is already on the wall, with Bangladesh, Ghana, Pakistan and Sri Lanka currently queuing at the International Monetary Fund’s …
Now that we have entered a new period of geopolitical conflict, protectionism and regionalism, one wonders whether the cosmopolitan, globalised world of Davos is gone forever. Returning after a two-year pandemic-induced hiatus, this year’s World …