The debt crisis after the pandemic

Photo: John McArthur, Unsplash

Of: Rine Mansouri

The corona pandemic has hit everyone hard, but now another type of crisis is expected to hit low- and middle-income countries, a debt crisis of enormous proportions as a result of the pandemic's effects and strain on their already fragile welfare systems. One potential solution, according to the International Monetary Fund, is so-called Special Drawing Rights.

May 3, 2021, Report

New Development Bank - a protest against skewed distribution of power

Of: Amanda Svensson

Developing and emerging countries have far too little influence in important economic institutions such as the World Bank and the International Monetary Fund (IMF). The New Development Bank is a concrete protest against the global institutions not keeping up with the shifts in power that are taking place in the world today. It writes Amanda Svensson, a recent graduate student at the University of Gothenburg.

August 19, 2015, Debate