austerity
October 1, 2024
IMF imposing austerity on new Sri Lanka government
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…
July 9, 2024
Kenya’s protests: The violent cost of IMF debt
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…
February 10, 2024
More years of schooling improves all-cause mortality globally – Lancet
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…
