Tag: IMF

Law & Governance, Society & Development, , ,

The thing that US$13 billion couldn’t do; a commentary on Liberian leaders’ unfortunate dependence on foreign aid

The distilled wisdom of Dambisa Moyo, Moeletsi Mbeki, and Thandika Mkandawire, among others, rings hollow in Monrovia. The GOL policy remained unabashedly: abuse government resources (at home), steal as much as you can and go abroad and beg for aid. In more than twenty years, Liberian political elites have not changed this mindset.

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Business & Finance, Political Economy, Regional & Global, ,

The IMF is just about to learn a new economic theory from Liberia: the theory of the leaking bucket

Originally Published under a pseudonym -in July 2019 President George Weah and his merry band of hustlers currently running the show in Liberia are a band in a hurry: hurry to bring overnight development to Liberia; at least that’s the official line.  They’ve been crisscrossing the globe, from Brussels to Beirut, from Singapore to Beijing, in search of easy and fast cash. Liberians already know a

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