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Global Health Justice

Tag: austerity

IMF imposing austerity on new Sri Lanka government

Post categories: Global Theft Structural Adjustment Policies Post tags:
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The new wave of IMF-imposed austerity measures is now reaching Sri Lanka, and their newly elected center-left government is challenging the usual IMF terms of social welfare cuts, rise in the VAT, and other measures that have the effect of doubling the cost of living and reducing the real wages by half for those that have formal employment. These are the standard IMF free-marked driven policies that typically benefited the elite in the country, while the burden typically falls on the…

Kenya’s protests: The violent cost of IMF debt

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Peaceful protestors in Kenya against Finance Bill 2023.

Recent demonstrations against Kenya’s Finance Bill 2024 were met with deadly repression. At least 39 civilians were killed and hundreds injured by Kenyan police while protesting the proposed 346 billion Kenyan shillings ($2.6 billion) tax increase. This Bill was intended to generate government revenue, a condition of the $2.34 billion International Monetary Fund (IMF) 38-month loan issued to Kenya in April 2021. The proposed tax levies would have increased the price of basic commodities including bread, sugar, and car petroleum,…

More years of schooling improves all-cause mortality globally – Lancet

Post categories: Social Determinants of Health Structural Violence Post tags:
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A systematic review and meta-analysis by the IHME-CHAIN collaborators (Lancet 23 January 2024) demonstrated that increased “years of schooling had a significant and consistent effect on all-cause mortality risk and that the protective effect of education persisted for female and male individuals, across all age groups, and all levels of Socio-demographic Index of the country where the data were collected. These findings are similar to the protective effects of a good diet and physical activity and the harms of risk…