Economics

The IMF Files: They Want to Believe

Andrew Berg, an International Monetary Fund African department policy adviser, is a nice man. I know this because he spent some time talking earnestly with me after an IMF press conference in which I'd asked a pretty confrontational question about Malawi, whose 2002 famine is often partly attributed to IMF (and World Bank) advice, and whose current bumper crops are attributed to ignoring it.

Berg looks a tiny bit like The X Files' Agent Skinner, but what this conversation [...]

Washing Down the Food Crisis with Corporate-Trade Kool-Aid

Kool-Aid ManIt's clear that one cause of the current food crisis is that poorer countries have been pressured into dismantling their food policies, leaving peasant farmers and eaters alike to bear all the risks of the extremely volatile world market. This has left corporations free to ship factory-farmed food to those countries, peasants free to migrate to urban slums, and corporately-dominated economic [...]

Back to Square One for Zimbabwe's Ubiquitous Billionaires

I was in Zimbabwe from June 21 to 28. I traveled by bus, and my experience is typical of what has become the norm for road travel between South Africa and Zimbabwe -- long queues and delays at the border posts and police-controlled roadblocks.

Almost all vehicles going to Zimbabwe are loaded to maximum capacity with goods from South Africa -- mostly basic foodstuff. With ever-rising inflation currently at 3 million percent, the Zimbabwean dollar cannot keep up, and the government [...]

Back to Square One for Zimbabwe's Ubiquitous Billionaires

I was in Zimbabwe from June 21 to 28. I traveled by bus, and my experience is typical of what has become the norm for road travel between South Africa and Zimbabwe -- long queues and delays at the border posts and police-controlled roadblocks.

Almost all vehicles going to Zimbabwe are loaded to maximum capacity with goods from South Africa -- mostly basic foodstuff. With ever-rising inflation currently at 3 million percent, the Zimbabwean dollar cannot keep up, and the government [...]

Back to Square One for Zimbabwe's Ubiquitous Billionaires

I was in Zimbabwe from June 21 to 28. I traveled by bus, and my experience is typical of what has become the norm for road travel between South Africa and Zimbabwe -- long queues and delays at the border posts and police-controlled roadblocks.

Almost all vehicles going to Zimbabwe are loaded to maximum capacity with goods from South Africa -- mostly basic foodstuff. With ever-rising inflation currently at 3 million percent, the Zimbabwean dollar cannot keep up, and the government [...]

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