South African should be wary about long term repercussions of new IMF loans
5 June 2020 by Patrick Bond
Amidst this raging debate about the role of IMF loans to pull out countries from the economic mess triggered by the outbreak of the pandemic, Patrick Bond, professor at the University of the Western Cape School of Government in an interview to Radio Islam International warns us about the impacts of such loans. He insists that instead of solving the crisis, the IMF loans will drag countries into further mess with long-term implications.
is professor at the University of Johannesburg Department of Sociology, and co-editor of BRICS and Resistance in Africa (published by Zed Books, 2019).
Other articles in English by Patrick Bond (106)
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Incoming World Bank President Ajay Banga’s predatory-finance background threatens even more prolific Bank poverty-creation
12 April, by Patrick Bond , Milford Bateman , Lena Lavinas , Erin Torkelson
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Climate-Financing Carrots and Sticks in South Africa
29 March, by Patrick Bond
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World Economic Forum plutocrats suffer vertigo on contemporary capitalism’s roller-coaster
17 January, by Patrick Bond
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French fossil imperialism, South African subimperialism and anti-imperial resistance
15 December 2022, by Patrick Bond
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Western diplomats offer rotten climate carrot, and wield broken sanctions stick
5 December 2022, by Patrick Bond , Desmond D’Sa
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Decarbonisation financing foiled in Egypt: World Bank and Pretoria sabotage global climate justice
12 November 2022, by Patrick Bond
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Austerity budget accelerates both South Africa’s “Arab Spring” and climate crimes
1 November 2022, by Patrick Bond
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Thorny questions for Western and South African “Just Energy Transition Partnership” negotiators (from whom we won’t get satisfactory answers)
21 October 2022, by Patrick Bond , Desmond D’Sa
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In South Africa, resistance rises to the World Bank’s climate-killing mega-projects
16 October 2022, by Patrick Bond
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Philanthrocapitalism seen from South Africa
9 August 2022, by Patrick Bond
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Ukraine: Resisting creditors
23 May - Eric Toussaint, Sushovan Dhar -
Pakistan’s debt from China becomes burden as CPEC does not generate enough growth
16 May - Abdul Khaliq -
Pakistan Collapsing
9 April - Farooq Tariq -
Éric Toussaint, “The IMF and the WB bear a great responsibility in weakening countries that have to face external shocks”
5 April - Dora Villanueva -
The aftermath of Sri Lanka’s economic crash
5 March - Meera Srinivasan
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The CADTM condemns the nomination of Ajay Banga as the future President of the World Bank and calls for the replacement of this institution
1 March - CADTM International -
Haiti, which questions ?
27 February - Mireille Fanon-Mendès France, Boubacar Boris Diop -
From Lebanon to Sri Lanka through Latin America and Egypt: Public debt today and in the history of capitalism
26 February - Eric Toussaint, Anis Germany -
The resignation of David Malpass, President of the Wolrd Bank, must boost actions and mobilizations towards the replacement / the demise of both the WB and the IMF in a context of acute climate and environmental crisis
18 February - CADTM International -
The World Bank and IMF have set their sights on East Timor, a state officially born in May 2002
11 January - Eric Toussaint
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Climate-Financing Carrots and Sticks in South Africa
29 March - Patrick Bond -
French fossil imperialism, South African subimperialism and anti-imperial resistance
15 December 2022 - Patrick Bond -
Western diplomats offer rotten climate carrot, and wield broken sanctions stick
5 December 2022 - Patrick Bond, Desmond D’Sa -
Decarbonisation financing foiled in Egypt: World Bank and Pretoria sabotage global climate justice
12 November 2022 - Patrick Bond -
Austerity budget accelerates both South Africa’s “Arab Spring” and climate crimes
1 November 2022 - Patrick Bond
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