IMF

Contrary to Popular Belief, IMF Continues to Push Neoliberalism on Countries' Agricultural Policies

Contrary to Popular Belief, IMF Continues to Push Neoliberalism on Countries’ Agricultural Policies

October 7, 2018

Economics Prof. Lawrence King discusses the new PERI report on loan conditionalities that the IMF imposes when it provides loans and that interfere with food production and encroach on the sovereignty of states battling poverty

US Government Setting the Terms for Argentina's Bailout?

US Government Setting the Terms for Argentina’s Bailout?

September 27, 2018

In a rare admission, Trump’s economic advisor Larry Kudlow admits to the US government’s involvement in bailing out Argentina, even though officially it is the International Monetary Fund that is behind the deal. We speak to CEPR’s Mark Weisbrot about the implications

US-Europe Alliance Will Outlast Trump, No Matter What He Does

US-Europe Alliance Will Outlast Trump, No Matter What He Does

September 14, 2018

Trump’s erratic behavior towards allies is causing pundits in the US and abroad to worry about the future of the Transatlantic Alliance between the US and Europe. The concern is misplaced, however, says CEPR’s Mark Weisbrot

Why is Argentina Entering into a New Economic Crisis?

September 5, 2018

CEPR co-director Mark Weisbrot lays out the roots of Argentina’s latest economic crisis, which have to do with the government’s massive foreign borrowing spree, deepening austerity measures, and rising Federal Reserve interest rates

Michael Hudson: Argentina’s New $50 Billion IMF Loan Is Designed to Replay its 2001 Crisis

July 23, 2018

The recently elected neoliberal government of Mauricio Macri has decided to seek a $50 billion IMF credit line, which will only enable more capital flight for the upper class and greater unpayable debt for the rest of the population, says the economist Michael Hudson

Emerging Market Meltdown Could Undermine Oil Rally

May 31, 2018

By Nick Cunningham / Oilprice.com Saudi Arabia and Russia just destroyed the oil price rally, potentially putting an end to all the speculation about what the group might do next. But higher production doesn’t necessarily mean higher oil prices are entirely out of the question, and in fact, the oil market is still faced with…

Argentina Turns to IMF, Despite Already Implementing a Neoliberal Program

May 10, 2018

President Mauricio Macri of Argentina is negotiating a $30 billion credit line with the IMF. The currency is devaluing rapidly and the government introduced a 40% interest rate to stop the slide. Now it turns to the IMF – as a cover for even harsher neoliberal measures? We speak to CEPR’s Mark Weisbrot

IMF Says 2018 Economic Outlook is Rosy, But Austerity is Still Good

April 19, 2018

The IMF just released a positive World Economic Outlook report for 2018. Still, in order to make sure that the outlook remains good, the IMF makes recommendation that would lead to recession, says CEPR’s Mark Weisbrot

After the 2008 Financial Crisis a State of 'Productive Incoherence'

April 9, 2018
Some aspects of the global financial landscape have not changed since the 2008 financial crisis, while other aspects have changed in very important ways, leading to “a very messy kind of uneven process of change that has really been catalyzed by the global financial crisis,” says economics professor Ilene Grabel