World Bank financialisation strategy serves big finance

The World Bank has successfully built a coalition to effectively advance its 'Maximising Finance for Development' (MFD) agenda. The October 2018 G20 Eminent Persons Group's (EPG) report includes proposals to better coordinate various international financial institutions (IFIs) in promoting financialisation.MDB MIDWIVES OF FINANCIALISATION: The MFD approach wants multilateral development banks...

AI strategy: Addressing country-specific issues

As scope for application of artificially intelligent (AI) machines in most sectors is expanding, the threat of job losses in these sectors is gradually intensifying. This is why, there has been a call for formulation of national AI strategies in different parts of the world. Already countries like China and...