Ciaramella worked at the World Bank after college, according to a 2011 publication by the international financial institution. In the World Bank report, “Russia: Reshaping Economic Geography,” published in June 2011, Ciaramella is listed in the acknowledgments for making “important contributions” to the research. On a now-deleted Linkedin profile, he described himself as being a “Consultant, Poverty Reduction/Economic Management” at World Bank. Ciaramella also deleted his Facebook profile page and does not appear to have any other social media.
John Gershman and Alec Irwin state in “Dying for growth”:
„100 countries have undergone grave economic decline over the past three decades. Per capita income in these 100 countries is now lower than it was 10, 15, 20 or in some cases even 30 years ago. In Africa, the average household consumes 20 percent less today than it did 25 years ago. Worldwide, more than 1 billion people saw their real incomes fall during the period 1980-1993. Meanwhile, according to the United Nations Development Program’s 1998 Human Development Report, the 15 richest people in the world enjoy combined assets that exceed the total annual gross domestic product of sub-Saharan Africa. At the end of the 1990’s, the wealth of the three richest individuals on earth surpassed the combined annual GDP of the 48 least developed countries.“
The Thistle won’t waste ink on how the wealthy have fared since the mainstream corporate press does a very commendable job in this respect.
The World Bank has approved $722 million loan for Pakistan that will largely be used for improving civic and public transport facilities in Karachi – the largest metropolis that needs nearly $10 billion additional investment to make it liveable.
The IMF, based in Washington is one of the instruments used by the United States President Donald Trump’s administration to attack the Venezuelan economy with the aim of destabilizing the government of Nicolas Maduro.
Ivanka Trump is one of the names being considered to replace The World Bank’s outgoing president, Jim Yong Kim, the Financial Times reported Friday.
Tens of thousands will attend the IMF-World Bank meeting in Bali.
The Bank of England governor and the head of the International Monetary Fund praised the abilities of Federal Reserve Chairman Jerome Powell on Thursday, after U.S. President Donald Trump said the Fed had “gone crazy” by raising interest rates.
Treasury Secretary Steven Mnuchin speaks to CNBC’s Geoff Cutmore at the IMF World Bank Meeting in Bali about the markets, the Federal Reserve, China and global economies.
According to local newspaper El Comercio, the reduction in the size of the state will cost the country at least 900 jobs. This, in turn, will have a negative impact on unemployment and internal demand.
David Suarez, of the Center for Economic and Social Rights (or CDES), tweeted “the announced economic measures reveal that we are taking the path of the sacrifice demanded by the International Monetary Fund (IMF). Austerity continues by the drop. Austerity for us, debt forgiveness for economic groups #ItIsNotTheGovernmentofAll #EconomicMeasures.”
The ‘Our Water, Our Right Coalition,’ a civil society-led advocacy, has commended the 23 members of the Congressional Black Caucus (CBC) and Congressional Progressive Caucus (CPC) who wrote a letter of solidarity siding with Lagos citizens in their struggle against water privatisation.
The World Bank Country Office in Tashkent hosted a workshop in the context of the preparatory work for launching the Digital Central Asia – South Asia (CASA) project in Uzbekistan. The project will contribute to digital infrastructure, e-government and digital economy development in the country.