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To Address Increasing Inequality and Global Poverty, We Must Cancel Debt - International Viewpoint

To Address Increasing Inequality and Global Poverty, We Must Cancel Debt - International Viewpoint
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University Of Chicago , United States , France General , United Kingdom , Puerto Rico , Great Britain , Eugene Black , Simon Kuznets , Augusto Pinochet , Nancy Fraser , Cinzia Arruzza , Ferdinand Marcos , Paolo Verme , Deng Xiaoping , Margaret Thatcher , Franklind Roosevelt , Hollis Chenery , Tithi Bhattacharya , David Graeber , Thomas Piketty , Gilbert Achcar , Milton Friedman , Vladimir Hlasny , Nobel Memorial Prize In Economic Sciences , World Bank , Global North ,

The World Bank did not Foresee the Arab Spring Popular Uprisings and still Promotes the very same Policies that triggered them


Series: 1944-2021, 77 years of interference from the World Bank and the IMF (Part 28)
The World Bank did not Foresee the Arab Spring Popular Uprisings and still Promotes the very same Policies that triggered them
12 April
by
In 2021, the World Bank (WB) and the IMF will reach the age of 77. These two international financial institutions (IFIs), created in 1944, are dominated by the United States and a few major allied powers that act to generalize policies contrary to the interests of the people.
The WB and the IMF have systematically lent to states in order to influence their policies. External debt has been and still is used as an instrument of subordination of debtors. Since their creation, the IMF and WB have violated international covenants on human rights and do not hesitate to support dictatorships. ....

Al Qahirah , France General , United States , South Africa , Saudi Arabia , Sidi Bouzid , Sidi Bu Zayd , Republic Of Egypt , Eugene Black , Simon Kuznets , El Abidine Ben Ali , Facundo Alvaredo , Hosni Moubarak , Paolo Verme , Ben Ali , Mohamed Bouazizi , Mohammed Bouazizi , Lydia Assouad , Hollis Chenery , Thomas Piketty , Anne Krueger , Gilbert Achcar , Vladimir Hlasny , Abdel Fattah Al Sissi , International Institutions , Nobel Memorial Prize In Economic Sciences ,

Re-globalization of macro-social responsibility - Executive Magazine


Re-globalization of macro-social responsibility
Photo Credit : Greg Demarque
Due to a combination of emergency needs and years of efforts, Lebanon has at the beginning of the year signed off with the World Bank on a USD 246 million loan for implementation of an Emergency Crisis and Covid-19 Response Social Safety Net project, or Emergency Social Safety Net (ESSN) for short [Editor’s note: the loan was voted upon on March 12th by the Lebanese Parliament]. Following more than a decade in which the country had seen numerous proposals for reform of its antiquated national social security system and subsidy regime, the establishment of the ESSN – which had been pushed forward inch by inch by the earlier creation of a limited National Poverty Targeting Program (NPTP) – conceptually could be a big step towards establishing a more-welfare-inclined Lebanese state. In terms of social and fiscal policies, it could be the turning point on a journey from a free-market practice t ....

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