Over-Reliance on Attracting Investment is Undermining Change at World Bank — Global Issues

Over-Reliance on Attracting Investment is Undermining Change at World Bank — Global Issues

Opinion by Bhumika Muchhala, Maria Jose Romero (new york / brussels) Thursday, July 06, 2023 Inter Press Service NEW YORK / BRUSSELS, Jul 06 (IPS) – One message that was repeated throughout last month’s summit on a so-called “New Global Financing Pact” was that developing countries urgently need mass financing to…

While Developing Nations Hang on to a Cliffs Edge, G20 & IMF Officials Repeat Empty Words at Their Annual Meetings — Global Issues

While Developing Nations Hang on to a Cliffs Edge, G20 & IMF Officials Repeat Empty Words at Their Annual Meetings — Global Issues

Opinion by Bhumika Muchhala (new york) Wednesday, October 26, 2022 Inter Press Service NEW YORK, Oct 26 (IPS) – Held in-person for the first time in three years, the annual meetings of the International Monetary Fund and World Bank last week in Washington, D.C. failed to offer solutions to the dozens…