Development of Underdevelopment: Understanding IMF's Plot for Africa's Economic Downfall
Development of Underdevelopment: Understanding IMF's Plot for Africa's Economic Downfall
What happens when punitive measures are embedded in the economic choices a country is compelled to make? A new book, How the International Monetary Fund Suffocates Africa, puts the IMF’s record on the continent under scrutiny. African Currents sat down with co-author Vijay Prashad to discuss why do so many African economies remain trapped in cycles of debt and underdevelopment, with debt repayment often taking precedence over the development needs of their own people?
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