It’s time both the World Bank and IMF abandoned the short-term fixes and austerity that have repeatedly failed people in developing countries, says Anthony Kamande. With their joint annual meetings back on African soil for the first time in five decades, he sets out six ways both institutions can make real and lasting change: from debt restructuring to encouraging social spending and taxes on the wealthiest.
Five things we need for a feminist economic future
Why is debt a feminist issue? And why is it time to advance alternatives to GDP? Rachel Noble reports back from an inspiring gathering of the International Association for Feminist Economics in Cape Town.
We need to talk about inequality in West Africa
As the African Union and regional economic communities gather to discuss their economies, the gulf between the rich and the rest in West Africa needs to be top of the agenda, says Mohamadou Fadel Diop – and that conversation must give serious attention to inequality-busting policies such as reversing austerity and debt cancellation.
Taxation of the super-rich has collapsed: as one in eight people go to bed hungry, that simply has to change
When even millionaires are pleading to be taxed so governments can tackle our colliding global crises, we can see there’s something rotten in the state of economic policy. Max Lawson introduces Oxfam’s 2023 Davos report, ‘Survival of the Richest: How we must tax the super-rich now to fight inequality’
Is the IMF listening enough? It’s time to make real engagement part of its mandate
Nabil Abdo and Nadia Daar introduce a new Oxfam report, which sets out how the IMF needs to do much more to deliver meaningful engagement with civil society