Beware of 'chief villains' IMF, WB, WTO
Friday, November 02, 2018
They criticised protectionism that might draw countries into decline of prosperity. The IMF cuts its global economic growth forecast for the current year and for 2019.
This is pure scaremongering based on nothing. In fact, economic growth of the past they claimed of having emanated from increased trade and investments has served a small minority and driven a widening wedge between rich and poor of both developing and industrialised countries. It’s interesting how nobody ever talks about the internal distribution of GDP growth that these handlers and instruments of imperialism and liars for the elite are boasting about. Nobody ever seems to question the way these growth rates are calculated, or perhaps just drawn out of hot air?
It highlights the need to protect rights such as access to clean water, education, healthcare and freedom of expression.President Duma Boko, rightly honours past interventions from securing a dignified burial for Gaoberekwe Pitseng in the CKGR to promoting linguistic inclusion. Yet, they also expose a critical truth, that a nation cannot sustainably protect its people through ad hoc acts of compassion alone.It is time for both government and the...