
A Wrong Turn for World Bank Concessional Lending
Sep 9, 2021 Jayati Ghosh & Farwa Sial criticize the International Development Association’s redirection of funds to subsidize private-sector projects.
Farwa Sial is an economist and Senior Policy and Advocacy Officer at the European Network on Debt and Development (Eurodad).
Sep 9, 2021 Jayati Ghosh & Farwa Sial criticize the International Development Association’s redirection of funds to subsidize private-sector projects.
Some have long argued that private digital money and the technology underpinning it will revolutionize finance in the long term. But with Bitcoin plunging, stablecoins collapsing, and crypto lenders freezing withdrawals, we asked PS commentators whether the industry has a future.