Tag Archives | Bretton Woods institutions (BWIs)

  • The World Bank

    Inflation phobia hastens recessions, debt crises

    SYDNEY and KUALA LUMPUR, Sep 27, 2022 (IPS)—Inflation phobia among central banks (CBs) is dragging economies into recession and debt crises. Their dogmatic beliefs prevent them from doing right. Instead, they take their cues from Washington: the U.S. Fed, Treasury and Bretton Woods institutions (BWIs). Costly recessions  Both BWIs—the International Monetary Fund (IMF) and World […]