Tag Archives: imf-world-bank

  Cyprus Bailout: An Anomaly or a Sign of a New Polarized EU?

For twelve days in March, banks in Cyprus were closed for business. Tough capital controls meant that people, companies, and governments were unable to make deposits or remove funds from their accounts during this period. Ordinary Cypriots worried about buying gas for …

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  Globalization and the Student Loan Crisis

Across the U.S. a debate is simmering over student loans. A quick Internet search produces headlines such as “Debunking the student loan crisis,” “Is the so-called student loan crisis one big exaggeration,” and “The student loan crisis is crippling American …

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  Behind the New Burma

A thaw in relations between Burma and the West is underway. U.S. Secretary of State, United Kingdom’s Foreign Secretary and other high level government officials from the West have recently visited this former pariah state. Europe eased travel bans for …

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  The Bolivarization of South America: The Rise of Pan-Americanism

Introduction Recently, the nations within South America have been experiencing what has been referred to as a rise of the “new left.”  As various new regimes come into power, including Ollanta Humala in Peru and Dilma Rousseff in Brazil, the …

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  Why Can’t We Be Friends? The Downgrade of the US Credit Rating

On August 5, 2011, one of the most groundbreaking events in American economic history took place when Standard & Poor’s (S&P) downgraded the United States’ credit rating from AAA to AA+. Once considered an improbable possibility, S&P set a precedent …

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  What Spain Thinks About Globalization

Spain is the third largest country in Europe, located in southwestern Europe with a population of roughly 46 million people.1 Famous for its sunny beaches perennially popular with northern Europeans, it is also rich in cultural and economic resources. After …

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  Is IMF Reform Possible?

The manner in which the managing director of the International Monetary Fund (IMF) is chosen has been under debate for a long time. The ongoing rape scandal surrounding former Managing Director of the IMF, Dominique Strauss-Kahn, created a need to …

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  World Report on Disability

In June 2011, the World Bank and World Health Organization (WHO) released the first World Report on Disability. Noting that one billion people in the world have some sort of disability, this comprehensive report sheds light on the myriad of …

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  Africa Rising: Myth or Reality?

Media around the world have been reporting on a recent African Development Bank study claiming that Africa has a new middle class of 313 million, a size on par with middle classes in India and China.1 This news was trumpeted …

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  BRICS: The New World Powers

There is a new era arising in international relations. The rise of the BRICS countries (Brazil, Russia, India, China, and South Africa) is changing power dynamics in world affairs. While the U.S. maintains its superpower status, it is increasingly being …

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