Jayati Ghosh exposes the IMF Role in the Crisis in Sri Lanka and Elsewhere

Video Presentation in DEMOCRACY NOW …. with this title “Economist Jayati Ghosh: Global Debt Crisis Is Perfect Storm of Unrest, Economic Disaster, Starvation”

THE looming PERFECT STORM = https://www.youtube.com/watch?v=rPMed4KOHuI

We look at the looming possibility of a global recession amid rising inflation, the pandemic and the Russian war in Ukraine. World financial institutions and wealthier countries should take stronger actions such as writing off debts that are crippling developing nations, says Jayati Ghosh, economics professor at the University of Massachusetts Amherst. “This is just completely lack of political will. It’s not because we don’t know what to do.” Her piece in The Guardian is headlined “There is a global debt crisis coming — and it won’t stop at Sri Lanka,” and she also discusses other countries on the brink of an economic collapse, including Pakistan, Nepal, Nigeria, Ethiopia, Panama and Argentina. Democracy Now! is an independent global news hour that airs on over 1,500 TV and radio stations Monday through Friday. Watch our livestream at https://democracynow.org Mondays to Fridays 8-9 a.m. ET. Support independent media: https://democracynow.org/donate Subscribe to our Daily Email Digest: https://democracynow.org/subscribe



Filed under accountability, american imperialism, centre-periphery relations, debt restructuring, demography, disparagement, economic processes, foreign policy, governance, historical interpretation, IMF as monster, Indian Ocean politics, island economy, legal issues, life stories, modernity & modernization, politIcal discourse, power politics, security, self-reflexivity, sri lankan society, welfare & philanthophy, world events & processes

2 responses to “Jayati Ghosh exposes the IMF Role in the Crisis in Sri Lanka and Elsewhere

  1. An Indian Parasite talking about Ceylon. India is a British made sewer cause of the suffering of many natives of tropical British Indian colonies now Indian colonies. Look at the poverty among the natives of Fiji, and African Indian colonies.

    • Rajitha

      John Smith,
      Could you please define the terms you have used in your comment?
      1. An Indian Parasite
      2. British-made sewer
      3. Cause of suffering
      4. African Indian colonies

      Without clearly understanding these terms, it is difficult to understand the message you are trying to communicate.

      Also, your comment doesn’t show for what points of Jayathi Gosh you are not agreeing and on what basis.

      Simply say, it is clear that you are angry with someone for something but doesn’t clear why, for what reasons and with whom?

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