African countries lose more than $50 billion each year to illegal financial outflows, mostly through tax avoidance and evasion.
The IMF finally realizes that assigning priority to anti-corruption is not a choice but a necessity. It is now deemed a “macro-critical” issue.
U.S. participation in the IMF and World Bank was authorized in the Bretton Woods Agreement Act that became law in July 1945.
Christine Lagarde’s confirmation as IMF Managing Director further undermines global governance.
Reflections on the work of Olivier Blanchard, the IMF’s now retired chief economist.
The more time passes, the deeper Greece is descending into a costly renewed recession.
The BRICS countries set out to overcome Western domination and the legacy of the “Washington Consensus.”
Will Russia or the West bail out Ukraine’s economy?
In finance and beyond, how is global cooperation failing from its own prior wins?