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Wolf(owitz) in sheep’s clothing

Naomi Klein takes a look past Wolfowitz to the real corruption at the World Bank: World Bank sullied before Wolfowitz     It’s not the act itself; it’s the hypocrisy. That’s the line on Paul Wolfowitz,...

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Wolfowitz Dead in the Water

Here’s a communique (posted about 9 pm) from Peter Bakvis of the Global Unions office in Washington who has been closely observing this fiasco. One wonders if Canada is caving along with the Bushies or...

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China and the end of neoliberalism?

Sachs’ article below suggests that China’s growing influence on the world stage may well signal the end of neoliberalism. That ideological framework of monetarism, liberalization, deregulation and...

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Goldman Sachs and the World Bank

The Independent’s take on Zoellick as new World Bank kingpin: Goldman Sachs marches on with Bush’s candidate for World Bank By Leonard Doyle in Washington Published: 31 May 2007   … Mr Zoellick, 53, is...

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Bank of the South

From the Latin Americanist: Bank of the South launched Representatives of seven South American countries met on Sunday to formally launch the Bank of the South- a new regional development bank. In a...

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World Bank, IMF and Labour Rights

I’m posting below an interesting missive from Peter Bakvis, the Washington representative of the International Trade Union Confederation, on an intersting shift of position on labour rights by the...

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The World Bank’s Slippery Advocacy of Tax Cuts

Doing Business enjoys the highest circulation of any World Bank publication. It ranks countries based on the favourability of their regulations to business. It is like the Heritage Foundation’s Index...

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Do Wages or Profits Lead Growth?

Earlier this month, I served as the discussant for a presentation by Engelbert Stockhammer, an economics professor from Kingston University in London. He was speaking at a conference organized by the...

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World Bank Joint Ventures With JP Morgan

(The following was sent by ITUC Washington representative Peter Bakvis and deserves wider distribution. While this action by the World Bank might reduce food prices at the margin, it would be far...

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Austerity Kills: Conservative cure worst thing for what ails the economy says...

Governments around the world are heading down a path to economic suicide. So said Nobel Prize-winning former chief economist of the World Bank, Joseph Stiglitz, to hundreds of well-heeled financiers...

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Flaherty’s Legacy: Ideological, reckless and just plain lucky

This piece was originally published at the Globe and Mail’s online Report on Business feature, EconomyLab.   There are two reasons why it is difficult to comment on the legacy of a finance minister. 1)...

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A tale book-ended by two Trudeaus: Canada’s foreign aid since 1970

Soon after the 2015 federal election, Prime Minister-designate Justin Trudeau affirmed that Canada was back as a “compassionate and constructive voice in the world” after a decade of Conservative...

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