Below you'll find a list of all posts that have been tagged as “Anti-austerity protests”
The International Monetary Fund’s top staff misled their own board, made a series of calamitous misjudgments in Greece, became euphoric cheerleaders for the euro project, ignored warning signs of impending crisis, and collectively failed to grasp an elemental concept of currency theory. This is the lacerating verdict of the IMF’s top watchdog on the fund’s tangled political role in the …
During the 1970s-1990s much attention was focused on the rising debt crisis in post-colonial Africa. Continental states after gaining national independence realized that there could be no genuine development while financial obligations to western-based lending institutions were rapidly escalating. With the balkanization of the continent during colonialism, the national independence movements without political integration and economic unification faced formidable challenges in …
Greece’s Prime Minister Alexis Tsipras has shown no mercy in axing left-wing cabinet colleagues in order to implement the austerity measures that saw a quarter of his MPs desert him and violence flare in the streets of Athens. Only by silencing his critics can he hope to introduce the tax hikes, labour reforms and privatisations which were ordered by the …
Don’t cry for me Argentina (although you might be next), because Greece is at the head of the line. Its mortal sin? Not only the billions owed international creditors, though that infuriates others in the European Union, the European Commission, and the IMF, all shock troops for global capitalism, behind which in each particular as well as the general framework …
