The failure of multilateral strategic decision-making in these COVID times has been led by the Trump Administration and its bizarre attacks on international institutions.
An Easy Way to Provide Debt Relief for the World’s Poorest Countries
Donor governments do not have to fund poor country debt relief from their fiscal budgets. They can tap long-unused reserve assets available at the IMF called Special Drawing Rights (SDRs).
How Trump Should Think About China
As China’s example shows, a country needs to invest in its future prosperity. Tariffs and tax cuts are no way to get there.
Russia: Energy Resources and Corruption Perception
Russia has abundant natural resources, but is also highly dependent on them.
How the World Bank Mismanaged the Reconstruction of Afghanistan
Vast inflows of donor cash, intended to bring about reconstruction, may instead have added significantly to Afghanistan’s corruption problems.
National Income Vs. National Freedom
A nation’s income level doesn’t always correlate to its freedom level.
India’s Winter of Discontent
India’s improvement in The Ease of Doing Business index is the first tangible proof of Modi’s election promise of “maximum governance, minimum government.”
After Mugabe: Zimbabweans Hope for a Better Life
Post-Mugabe Zimbabwe could use its bountiful natural resources to usher in a new era.
Liberating the World Bank (From the US)
Reforms to make the World Bank less dependent on the United States would enable them to be more effective
The IMF, the World Bank and the U.S.: A Brief History
U.S. participation in the IMF and World Bank was authorized in the Bretton Woods Agreement Act that became law in July 1945.