Articles on International Monetary Fund

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Argentina is just one of a handful of crisis-stricken nations asking the International Monetary Fund for help. David Fernandez/EPA

The world’s economic crisis-fighting mechanisms are dangerously inadequate

Some US$4.6 trillion has been made available to stave off financial crises across the world. The problem is that much of this funding is now spoken for, and the list of stricken nations is growing.
President Nana Akufo-Addo of Ghana addresses the United Nations General Assembly, at U.N. headquarters in September 2017. (AP Photo/Richard Drew)

Lessons from religious groups for a ‘Ghana beyond aid’

Ghanaians respond positively to financial appeals from churches compared to how they respond to paying taxes. Here's how, and why, Ghana's government should learn from religious groups.
South African Reserve Bank Governor, Lesetja Kganyago, is expected to push the agenda of developing countries inside the IMF. Reuters/Mike Hutchings

Top job for South African gives African countries sway at the IMF

The governor of South Africa's Reserve Bank has been appointed to chair an important IMF committee. Countries in sub-Saharan Africa stand to benefit.
Venezuela urgently needs financial assistance, but the regime of Nicolás Maduro has few international allies. AP Photo/Ricardo Mazalan

Nobody is going to bail out Venezuela

China, Russia and the International Monetary Fund are among those contemplating a Venezuela bailout. But help for this debt-stricken nation seems far from assured.

Why South Africa shouldn’t turn to the IMF for help


Zambia slides towards authoritarianism as IMF props up government

The not-for-profit sector continues to grow in Africa and across the world. Shutterstock

The role of NGOs in Africa: are they a force for good?

Non-governmental organisations are criticised for pandering to the whims of the donor community at the expense of local populations. The real question is: can they bring about real change?
Chinese company managers at the site of a highway project in Kenya. While traditional donors fund the social sectors, China’s emphasis is infrastructure. Reuters/Antony Njuguna

Is China displacing traditional aid donors in Africa? The evidence suggests not

The pervasive new argument is that China is upending the dominance of traditional Africa aid donors from the West. But a new study shows that while China is making inroads, the West is staying put.

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