World Capitals

A new paper shows that neoliberal austerity policies implemented by the World Bank and the IMF in Sub-Saharan Africa in the 1980s and 1990s were associated with a 20% decline in real incomes.

https://gh.bmj.com/content/11/Suppl_1/e017221

#economy #imf #science #capitalism

Structural adjustment: damages, reparations and pathways to non-recurrence

Beginning in the 1980s and 1990s, the International Monetary Fund (IMF) and the World Bank implemented neoliberal structural adjustment programmes (SAPs) across most countries in Asia, Africa and Latin America. SAPs imposed austerity, privatisation and economic deregulation and have been associated with severe negative impacts on human welfare, including (a) declining real wages and working-class consumption, (b) increased rates of poverty and basic-needs deprivation, (c) increased neonatal and maternal mortality and (d) reduced health system access. Structural adjustment also created conditions for increased financial outflows and drain from the global South through unequal exchange. This paper reviews evidence of these damages and proposes possible options for reparations and distributive justice. We argue that the IMF and the World Bank should be democratised and restructured—or otherwise replaced by alternative institutions—to prevent further harm.

BMJ Global Health

RE: https://ioc.exchange/@stephengentle/116244601601041239

@stephengentle
Astonishing & counter intuitive: “during the biggest inflationary episode in decades [~2022], countries that didn’t try to control [inflation] did better than those (like Australia) who tried. The control group did better than the intervention…” 🤔
🙏🏻 for sharing the #IMF (International Monetary Fund) finding.👍

#AusPol #ReserveBank #inflation #IMF #economics

@kentparkstreet1

https://www.walknews.com/1241547/ IMF、スペインの26・27年成長予想を下方修正 下振れリスク指摘 | ロイター #CDM #CEEU #DBT #DEST:NOJPTPM #DEST:NOJPWDM #DEST:NOJPZTM #DIP #ECI #ECO #ECON #EMEA #EMRG #ES #EUROP #EZC #GDP #GEN #GFIN #GOVACT #GVD #GVGVF #IMF #INTAG #JFOR #JLN #LOA #MCE #PBFACT #PLCY #POL #Spain #TOPCMB #TOPNWS #TRN #UN1 #WEU #スペイン

Obama wrote on his book, the hardest thing he had to do in his career was to oversee the repression of the #Greek uprising of #Dec2008 and within the next 2 years the state was taken over by #IMF and #EU banking cartel's, population since has shrunk by more than 10%, Debt has gone up 20%, economy is actual 50% of what it was (maybe more when you count German multinational's retail gross whose profits fly away)

Some #EU countries' minimum wage is 3x that of a public school teacher in #Greece or a contractual (12mo) physician at a public hospital, with 55% of the population reported by #EUROSTAT as below poverty

So you can even have black #Dixocrats ... they don't have to be white, and what may be good for #AmeriKKKa may be deadly for its "allies" ...

Multibillion Euro fregate just delivered to #Greece from the zionists in #France was sent out to #Israel as its maiden voyage 2 weeks ago

That's pretty effective repression mr #Obama

@ChemicalEyeGuy

#Russia #Ukraine #Donetsk #Luhansk #Iran #Lebanon #Gaza #Syria #Venezuela #Cuba

Remember Remember the 6th of December
#Dec08

Håkan Blomqvist och Alex Fuentes skriver i ”Imperialism och imperialismer”: ”USA med ’junior partners’ i Europa har upprätthållit Pax Americana för sina företags verksamhet över hela världen inte bara med hjälp av militär potential utan även med institutioner som IMF, Världsbanken och WTO.”

https://blog.zaramis.se/2026/03/18/om-pax-americana/

"#agent_krasnov, the best investment #putin ever made!"🤮🤮🤮

From https://t.me/pravdaGerashchenko_en

Former #IMF economist #Robin_Brooks: The discount on #Urals crude versus #Brent benchmark has shrunk to zero.

According to #Robin_Brooks, a 30-day waiver issued by the #US, which has effectively "destigmatized #Russian oil," has given #Russia a huge windfall, which now exceeds the 2022 level, when #Russia invaded #Ukraine.

#ukraine #putinisamasskiller #putinisawarcriminal @kardinal691