The IMF is failing countries like Kenya: why, and what can be done about it

By Danny Bradlow, Professor/Senior Research Fellow, Centre for Advancement of Scholarship, University of Pretoria

The recent Kenyan protests are a warning that the International Monetary Fund (IMF) is failing. The public does not think it is helping its member countries manage their economic and financial problems, which are being exacerbated by a rapidly changing global political economy.

To be sure, the IMF is not the only cause of Kenya’s problems with raising the funds to meet its substantial debt obligations and deal with its budget deficit. Other causes include the failure of the governing class to deal with corruption,…

Read complete article

~	Still fab after 60 years: how The Beatles’ A Hard Day’s Night made pop cinema history

~	Friday essay: exhilaration and fear – Dennis Altman on the global gay rights divide

~	Ambulance ramping is getting worse in Australia. Here’s why – and what we can do about it

~	Sick of toxic TV? Here are 7 reality shows that don’t rely on the ‘villain edit’

~	Why Canada must act urgently to give undocumented migrants legal status

~	Toll roads charge too much yet we don’t have enough of them. To fix both things, NSW should buy their private owners

~	Why electric beats hydrogen in the race to decarbonise freight vehicles in Australia

~	A new bill is proposing a human right to housing. How would this work?

~	Drug prohibition is fuelling the overdose crisis: Regulating drugs is the way out

~	Nanoscopic motor proteins in the brain build the physical structures of memory