Discontent is growing in western democracies as evidenced by Brexit, the election of Donald Trump and the rise of populism. Christine Lagarde, director-general of the International Monetary Fund (IMF) shares her views with La Croix. Globalization, which is often presented as a positive phenomenon is awakening growing concern, indeed rejection. Why didn’t anyone foresee this turn Read more
There is something eerily symmetrical about the decision by the Greek prime minister, Alexis Tsipras, to call a referendum about what he has described as the ‘extortionate ultimatum’ of ‘strict and humiliating austerity without end’ coming from the International Monetary Fund, European Commission and the European Central Bank – the troika. The country that is Read more
A new buzzword is circulating in the world’s convention centres and auditoriums. It can be heard at the World Economic Forum in Davos, Switzerland, and at the annual meeting of the International Monetary Fund. Bankers sprinkle it into the presentations; politicians use it leave an impression on discussion panels. The buzzword is “inclusion” and it Read more