In this podcast, independent economist Chris Richardson joins The Conversation to discuss a rate rise, "sticky" inflation, the fall in the standard of living, and a bleak prospect as we go into 2024.
Some fundamental problems with the IMF’s Common Framework for debt restructuring have become apparent. Not the least, debt restructuring shouldn't just be an issue for low-income countries.
The 2023 World Bank Group-IMF Annual Meetings took place from October 9-15 in Marrakech, Morocco, and unveiled the Bank’s bold new vision: creating a world free of poverty on a livable planet. Events and discussions highlighted this new mission, highlighting an expansion in financial capacity, stronger partnerships, deeper engagement with the private sector, and finding more efficient processes.
In this special edition episode of The Development Podcast, we draw on some of the highlights from that week and share more about the institution’s new mission and vision. Listen on to hear from: World Bank Group President Ajay Banga, IMF Managing Director Kristalina Georgieva, Senior World Bank Managing Director Axel van Trotsenburg, World Bank Managing Director of Operations Anna Bjerde, Zanzibar’s Minister of State for Finance and Planning Saada Salum, UNICEF’s Executive Director Catherine Russell, CEO of Standard Chartered Bank Bill Winters, and Ethiopian entrepreneur Kidus Asfaw
Rest of World News: Argentina's ruling Peronist coalition exceeded expectations in the general election, with Economy Minister Sergio Massa leading the race and far-right