World Bank President calls for the UK and US to make it harder for creditors to sue the poorest countries.
Speaking at the Frankfurt School of Finance and Management, World Bank Group President David Malpass urged the UK and the US to "do more to reconcile their public policies toward the poorest countries and their laws protecting the rights of creditors to demand repayments from these countries." Members of Warwick Law's GLOBE research group, who have proposed just such a legal reform for the UK, respond.
Dr Dimitra Hartas from Warwick's Centre for Education Studies comments on the education attainment gap between richer and poorer families.
"The most important question now is what happens to these credit consumers?" Dr John Morris of the Department of Politics and International Studies comments on what the collapse of BrightHouse may mean for people unable to access conventional credit but who need to make "big-ticket" purchases.
The recent Mozambique/Credit Suisse fraud case has highlighted the problem of secret loans that are helping to push impoverished countries into debt. Dr Stephen Connelly and Dr Celine Tan of Warwick Law have been supporting Jubilee Debt Campaign's work on this issue. Dr Connelly comments on the news that Labour plan an Overseas Loans Transparency Act to tackle the problem.
Latin America’s second largest economy will go to the polls on Sunday (1 July 2018) to choose its next president and a new congress. At a time of widespread disillusionment at unchecked corruption, poverty and violence Assistant Professor in New Rising World Powers Dr Thomas Long looks ahead to the election.