Something has just happened which got hardly any attention in the media, but which is very important. The recent setting up by China of the Asian Infrastructure Investment Bank may not seem likely to excite the passions, but it should. For this is clearly an intention by the big Asian powers to challenge the World […]
Posts Tagged ‘World Bank’
Tectonic plates shifting in world power structure are signs of a new world order
Mar 23rd, 2015 by Michael Meacher.Why the IMF & World Bank should accompany neoliberalism into the dustbin of history
Jan 19th, 2014 by Michael Meacher.We are constantly being told that 2014 is the centenary of the start of the First World War, but rather less – or indeed nothing at all – is being made of the fact that this year is also the 70th anniversary of the establishment of the IMF and World Bank. That is more than […]
World Bank sees a ‘turning-point’ in world economy
Jan 17th, 2014 by Michael Burke.The World Bank has recently released its updated forecasts for the world economy. Two key features of the forecasts have received the greatest attention. The first is that the World Bank describes the overall trend in the world economy as at a ‘turning-point’ and secondly that this is led by a recovery in the advanced industrialised countries, […]