
February 28, 2025
Each Olympic/Paralympic games is now followed by a major global nutrition summit in the host city. Sunit Bagree of Results UK sets out what campaigners will be looking for this time, including billions in extra funding, giving grants not loans and supporting the most cost-effective interventions.
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Want to tackle inequality? Start with fair taxes and giving the Global South a real voice at the IMF and World Bank
January 22, 2025
Global inequality will continue to spiral in a skewed system of international finance and governance that heavily favours the Global North, says Anthony Kamande in the latest blog in our Davos series.
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Get ready for the new trillionaire class: whose wealth will be built not on merit but inheritance, monopoly – and the legacy of colonialism
January 20, 2025
The world looks set to see five trillionaires within a decade — and more billionaires are now being created through inheritance than entrepreneurialism. Anjela Taneja and Harry Bignell introduce Oxfam’s 2025 Davos report, which reveals the scale of unearned wealth — and how those riches are built on a colonial legacy of exploitative global systems.
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How billionaire ‘pollutocrats’ are driving our climate crisis – and what we can do about it
October 31, 2024
If everyone used private jets and superyachts like 50 of the world’s richest billionaires, the remaining carbon budget to stay within 1.5C would be burned up in just two days. Nafkote Dabi introduces Oxfam’s new climate report, which spells out how the emissions of the super-rich are driving inequality, hunger and heat-related deaths.
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Governments across the globe are giving up on the fight against inequality: here’s what they should do instead…
October 23, 2024
New Oxfam analysis shows global Commitment to Reducing Inequality (CRI) has just hit a new low. Anthony Kamande shares insights from Oxfam’s biannual CRI report that ranks 164 countries’ policies – and offers three big policy changes that should be firmly on the agenda at this week’s World Bank/IMF annual meetings.
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What should the IMF do differently in Fragile/Conflict States?
October 5, 2017
Took part in a really interesting discussion about the role of the IMF in fragile states last week. Chatham House rule, so no names, no institutions. The Fund works in fragile states in 3 main ways – it lends money to governments, it trains officials and it tracks and reports on government economic performance (‘surveillance’). Although its lending is often
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First inequality, now neoliberalism: how many statues are left to kick over outside the IMF?
June 6, 2016
Max Lawson, now Oxfam International’s policy guy on inequality, shares his newfound love for an old foe Last week the IMF published an article in its magazine that caused a considerable stir around the world. Entitled ‘Neoliberalism: oversold?’ the short piece by Jonathan D. Ostry, Prakash Loungani, and Davide Furceri, all from the Fund’s Research Department, questions whether the economic approach
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Great new IMF paper puts women’s rights at the heart of tackling income inequality
November 10, 2015
The IMF continues to surprise an old lag like me who cut his policy teeth condemning it as the incarnation of extreme market idolatry and anti-poor structural adjustment programmes in the 80s and 90s. Read its new ‘staff discussion note’, Catalyst for Change: Empowering Women and Tackling Income Inequality to see why. The authors point out that ‘Income inequality and
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Where has the global movement against inequality got to, and what happens next?
October 6, 2015
Katy Wright, Oxfam’s Head of Global External Affairs, stands back and assesses its campaign on inequality. The most frequent of the Frequently Asked Questions I’ve heard in response to Even it Up, Oxfam’s inequality campaign. is “how equal do you think we should be?” It’s an interesting response to the news that just 80 people now own the same wealth
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Is the IMF Dismantling Trickle Down Economics?
June 19, 2015
Oxfam America researcher and inequality guru Nick Galasso hails a new report that finds the poor and middle classes are the main engines of growth – not the rich In a new report, the IMF effectively drives the final nail into the coffin of trickle-down economics. The top finding, in their words, is that “if the income share of the top
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Dancing on hot sand: Egypt and the IMF loan
June 10, 2013
Dr Mohga Kamal-Yanni is Oxfam’s Senior health & HIV policy adviser, and works on financing for development, including how powerful institutions influence developing countries policies. As an Egyptian, she is also passionate about ‘the revolutionaries who opened the door for the power of the youth to change the world for the better.’ As summer approaches in Egypt, people worry about
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The BRICS Bank gathers momentum: another sign of the world’s shifting power balance
June 7, 2013
The momentum behind the creation of a new international bank by the BRICS countries seems to be building steadily. Its leaders will review progress on the BRICS Bank at a special BRICS summit in the sidelines of the St Petersburg G20 Summit in early September. They expect to finalise plans for the Bank at the Sixth official BRICS Summit in
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