China and the United States are sustaining the global economy. But as FPIF columnist Walden Bello points out, this linked relationship is part of the problem, not part of the solution.
Postcard From ... Singapore
A shuffling of the Fund's voting shares slashed Africa's already minimal decision-making power. While unfair, the move is just a symptom of what's wrong with the IMF.
On the eve of their summit in Singapore, the World Bank and IMF are in serious trouble, from a democratic deficit to a serious economic shortfall. Columnist Walden Bello writes about the event he was banned from attending.
Much more work remains to be done to eliminate unjust debts that stifle countries in the developing world.