World Bank

Averting Economic Disaster Is the Easy Part

2020-03-22

Based on Chinas experience with COVID-19, the fiscal cost of comprehensive compensation for lost income could reach 10% of annual GDP, and as much as 25% of GDP in the US and Europe if the epidemic turns out to be worse there, which now looks likely. Thes

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How World Bank Arbitrators Mugged Pakistan

2019-12-01

Wall Street hedge funds and lawyers have turned an arcane procedure of international treaties into a money machine, at the cost of the worlds poorest people.

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How the IMF Can Battle Gradual Irrelevance

2019-11-24

The convening power of the IMF and the World Bank is unquestionably strong, if not unique. Every year, their annual meetings attract top economic and financial officials from more than 180 countries

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Modern Monetary Realism

2019-03-26

Is Modern Monetary Theory (MMT) a potential boon to economic policymakers, or, as Harvard’s Kenneth Rogoff recently argued

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Iraq reconstruction investment urged by World Bank's IFC

2018-02-12

Reconstruction of Iraq after war with Islamic State may cost $100bn

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