imf   2393

« earlier    

La anatomía de la deuda global by Howard Davies - Project Syndicate
Por primera vez, los estadísticos del FMI han compilado un conjunto integral de cálculos tanto de la deuda pública como de la privada, país por país, en una serie temporal que se remonta a fines de la Segunda Guerra Mundial.

En algunos países, la composición de la deuda cambió, ya que la deuda pública reemplazó a la deuda privada en la recesión post-crisis, pero ese cambio ahora prácticamente se interrumpió.

En un momento en que el crecimiento económico es robusto en casi todas partes, los mercados financieros están relajados en lo que respecta a la sustentabilidad de la deuda.

Pero los números efectivamente tienden a respaldar la hipótesis de que la llamada intensidad de deuda del crecimiento ha aumentado: parece que necesitamos mayores niveles de deuda que antes para respaldar una determinada tasa de crecimiento económico.

La idea es que los reguladores puedan "Apoyarse en el viento" de las expansiones excesivas del crédito, aumentando la cantidad de capital que debe tener un banco, con el objetivo de atenuar la oferta de crédito antes de que alcance un nivel peligroso.
banking  crisis  economics  EZ  IMF  UK  USA  monetary_policy 
12 days ago by david.garciahz
A few months ago, the posted an article about the transformation of money. This image accompanied it & we thou…
IMF  from twitter_favs
21 days ago by randyhilarski
.@accessnow Letter to IMF Managing Director Christine Lagarde on possible breach of Cameroon loan term
In response to the Cameroon government's decision in 2017 to shut down internet access for months in the country's primarily Anglophone-inhabited regions, Access Now - along with Internet Sans Frontières and the University of Southern California School of Law International Human Rights Clinic - sent a letter this week to the International Monetary Fund (IMF)'s Managing Director Christine Lagarde, arguing that the shutdown constituted a violation of the terms of an IMF loan to the country. Under the loan's terms, Cameroon was supposed to inform IMF of "[a]ny decision, decree, law, order or circular having economic or financial implications, from its publication date or effective date," which they allegedly did not do following the internet shutdown.

The letter reads, in part: "In at least two instances in 2017, one from January to April[6] (prior to the conclusion of the loan) and one beginning in October (after the conclusion of the loan), the Government of Cameroon shut or slowed down internet services in certain regions of the country...Internet access in the affected Anglophone regions has continued to be intermittently unavailable and problematically slowed or ineffective through 2018. We have not been able to locate information indicating that Cameroon reported these violations to the IMF and/or sought approval for these internet shutdowns...The result is that the Government’s unlawful interference with internet freedom has had a debilitating effect on the economy, affecting not only media companies but also businesses, as they are dependent upon internet for transactions and operations. A conservative estimate of the economic harm done places it at $3.2 million,[10] while others estimate that the costs may have been as high as $38.8 million...We understand that the IMF’s next review of Cameroon’s compliance with the terms of the loan is expected to be completed by 30 June 2018. We therefore respectfully request that the IMF ensure that Cameroon has complied with the terms of its loan by fully and accurately reporting '[a]ny decision, decree, law, order or circular having economic or financial implications, from its publication date or effective date.'"
otf  cameroon  africa  shutdown  access  blackout  imf 
6 weeks ago by dmcdev
Financial Globalisation Has Been a Disaster. Brexit Gives Us a Chance to Resist It | Novara Media
The left was right to campaign against leaving the EU in 2016. Based on the tenor of the campaign, it was clear the Leave campaign would embolden the xenophobes and nationalists that exist across the class spectrum in the UK. This prediction was proven chillingly correct with both the spike in hate crime that followed the referendum and the movement that has emerged around Tommy Robinson over the last few weeks. The left should deplore and, if necessary, physically resist such acts of violent racism.

But fighting fascism does not mean accepting globalisation. The fact is, working class people are right to be pissed off about global economic and financial integration – especially those in the places that have been most ravaged by it. Financial globalisation has led to the concentration of capital in a series of financial entrepots, more integrated into the global economy than they are with their own countries. Rather than using this capital for productive investment, these centres have repurposed it for the kind of financial wizardry that caused the 2008 crash. London is in many ways the global financial hub par excellence, with the City of London the vampire squid sucking on the face of the global economy.

The left should be making a case for Brexit that involves resisting financial globalisation, whilst welcoming immigrants from the parts of the world that have been most ravaged by both colonialism and free market neocolonialism.
finance  economics  politics  globalisation  financialisation  neoliberalism  anti-globalisation  IMF  WTO  protest  activism  StiglitzJoseph  KrugmanPaul  TheLeft  France  nationalisation  Greece  Italy  EU  Euro  singleMarket  UK  Brexit  referendum  campaigning  immigration  intervention  economy  dctagged  dc:creator=BlakeleyGrace 
7 weeks ago by petej
Jordan’s Austerity Protests in Context - Atlantic Council, June 12,2018
Today’s protesters are diverse in terms of region, ethnicity, and class, with a professional middle-class maintaining the lead in the movement. Jordan is commonly seen as divided between two major constituencies: East Bank or nationalist, portrayed as constituents loyal to the monarch; and the majority Palestinian population. This binary characterization of the citizenry does bring into focus one large cleavage in the country, but it also obscures other tensions and dynamics of domestic politics, particularly concerning class.

Most significantly, the supposedly loyal and tribal areas—often portrayed as the regime’s primary base—do largely support the monarchy. But they do so because the monarchy has long advanced their economic interests and political influence while presenting a bulwark against the potential political influence on national politics of the majority Palestinian population. It is a bargain—support in exchange for economic favoritism—that is not set in stone, and indeed the regime has had to work to maintain it
Jordan  IMF  reforms  Protests 
8 weeks ago by elizrael

« earlier    

related tags

1%  1964  1970s  2012  2017  access  activism  africa  ageing  agriculture  agua/potable  aid  anaamuchástegui  anarchism  anti-globalisation  argentina  austerity  automation  avoidance  bailout  bank  banking  banks  basic.income  beijingconsensus  biophysical.economics  bitcoin  blackout  blockchain  blyth  bolivia  book  brettonwoods  brexit  budget  cameroon  campaigning  capital  capitalism  capitalpunishment  carceralstate  centrist  chicago  chile  china  chomsky  claireberlinski  climate.change.effects  co2  coefficient  comments  consolidation  consumerism  control  countries  country.strategies  credit  crisis  cryptocurrency  culture  currency  currencyunion  cut  cuts  data  davidharvey  davos  dc:creator=blakeleygrace  dc:creator=elliottlarry  dctagged  deanspade  deathpenalty  debt  debtsustainability  decoupling  democracy  demographic.dividend  demography  developingcountries  development  development_economics  disasters  discipline  discretionary  disposable  distribution  doctrine  dollar  donald  donaldtrump  door  double  duh  ecb  economia/argentina  economic  economiccorridor  economics  economy  egypt  electricity  elitism  elizabethbernstein  empire  employment  eu  euro  europe  evasion  evomorales  exploitation  externaldebt  ez  factor.shares  fed  fiat  finance  financialcrisis  financialisation  fiscal_policy  food  forecasts  foresight  foucault  france  freetrade  friedman  friedmanthomas  fund  gatt  gdp  ge2017  gender  geopolitics  germany  gfc  gini  globalisation  globalization  gop  governmentdebt  greece  growth  hashtags  hate-crime  hayek  health-policy  health-stasi  healthcare  heseltine  higher-education  history  hm-forces  hn  holland  household-debt  housing-policy  housing  human-rights  hypterincarceration  ice-gas  icj  identity-politics  ilo  immigration  imperialism  income  incomeinequality  india  individualism  industrial-policy  industrialisation  inequality  inflation-targeting  inflation  informal.economy  insurance  interest-rates  interest.rates  interestrates  international-law  international  internationalfinance  internet-journalism  intervention  iran  iraq  islam  islamism  islamophilia  islamophobia  israel  italy  jeanmonnet  jeremy-corbyn  jihadism  jordan  judicial-activism  justice  kapital  krg  krugmanpaul  kurds  labor  labour-economics  labourparty  lagarde_christine  lagardechristine  land  landgrabs  latinamerica  law-and-order  ldcs  leftism  liberal-elite  liberal-fascism  liberalism  libertarianism  liberty  lisaduggan  living-wage  lobby  lobbying  local-government  machinelearning  macri/mauricio  macro  macroeconomics  management  manifestaciones/populares  manufacturing  markets  marshallplan  marxism  massincarceration  maximisation  mcdonnelljohn  media-bias  media  michelfoucault  military-covenant  military-history  milton  minimum-wage  mirandajoseph  mobility  monarchy  monetary-policy  monetary  monetary_policy  money  monopoly  morales  moralism  mps-expenses  multiculturalism  nanny-state  nation-state  nationalisation  nationalism  nato  nazism  negotiations  neo-foucaultism  neo-keynesianism  neo-liberalism  neo-malthusianism  neo-marxism  neofoucaultian  neoliberal  neoliberalism  neomarxist  nhs  nicaragua  nicholasrose  no  northkorea  norway  nozick  nuclear-power  nudge-politics  obor  occupational-licensure  ocean-acidification  ocean-heat-content  oikophobia  oil  oligarchy  opec  opinion-polling  opinion  osbrowne  otf  overseas-aid  pakistan  paulhoffmann  paxamericana  pay  peace  pension.funds  pensions  petro  petrodollar  picketty  plutocracy  policy  politics  poverty  power  predictions  price  prices  prisons  privatisation  productivity  profit  prognose  protest  protests  qc3  quantitativeeasing  race  reaganronald  recovery  referendum  reforms  regionalintegration  regulation  regulators  representation  reproduction  resilience  resource!  revolving  rich  rights  risk  robotics  rodrikdani  sandersbernie  sandrasoto  school  sdgs  sdr  sealingcheng  self-regulation  sexuality  shareholder  shares  shock  shutdown  singlemarket  sisi  social  social_fabric  socialfabric  socialjustice  society  south.america  sovereigndebt  sovereignty  spending  standard  statecontingentdebtinstruments  statecraft  statetransformation  statistical  stiglitzjoseph  stockmarket  subsidies  subsidizing  summerslarry  super-rich  super  syriza  systemsthinking  t&t  tanzania  tax  taxation  taxes  telenorntnuai  teresagowan  thatcher  thedailybeast  theleft  tourism  trade  trap  trickle-down  trump  trumpdonald  trust  tsakalotoseuclid  tsiprasalexis  tunisia  ubi  uk  un  unctad  underinvestment  undp  unemployment  union  united_states  universal_basic_income  unrest  us  usa  ussr  value  varoufakis  viability  violence  wages  wallstreet  war  wb  wealth  wealthconcentration  weather  welfare  welfarestate  wendybrown  west  work  worker  workers  world  worldbank  worldeconomy  wto  wwii  zimbabwe 

Copy this bookmark: