Tag Archives: Fiscal policy

09Mar/26

The Political Economy of Crisis, War Finance, and Inflation

Why the “Money Printer Goes Brrr”: The Ancient Roots of Modern Inflation

March 9, 2026 /Mpelembe Media/ — Inflation, Hyperinflation, and the “Money Printer” Relying on the printing press to fund state expenditures has historically been a primary catalyst for inflation and, in extreme cases, hyperinflation. This phenomenon stretches back to the fall of the Roman Empire, where successive emperors debased the silver Denarius to pay for military and administrative costs, ultimately destroying public faith in the currency. Modern examples of hyperinflation—such as Weimar Germany in 1923, Zimbabwe in 2008, and Venezuela—demonstrate the devastating consequences of unchecked monetary expansion, which annihilates savings, causes basic necessities to become unaffordable, and forces citizens to resort to bartering or foreign currencies

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18Apr/23

Debt dangers in Africa: how defaults hurt people, and why forgiveness isn’t the answer

Philippe Burger, University of the Free State

Public debt repayments in some African countries are at their highest levels since 1998. The Conversation Africa’s founding editor Caroline Southey talks to dean and economics professor Philippe Burger about the danger of debt problems some African countries face.

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24Sep/22

Mini budget 2022: experts react to the new UK government’s spending and tax-cut plans

Phil Tomlinson, University of Bath; Andrew Burlinson, University of East Anglia; Catherine Waddams, University of East Anglia; Donald Hirsch, Loughborough University; Jean-Philippe Serbera, Sheffield Hallam University; Jim Watson, UCL; Jonquil Lowe, The Open University, and Steven McCabe, Birmingham City University

UK chancellor Kwasi Kwarteng has just launched the biggest package of tax cuts in half a century. This will involve around £45bn of reductions for people and businesses by 2027 – 50% more than anticipated before the mini-budget announcement.

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01Sep/22

IMF Executive Board Approves New Extended Credit Facility (ECF) Arrangement for Zambia

August 31, 2022

 




The IMF Board approves SDR 978.2 million (about US$1.3 billion) 38-month ECF arrangement for Zambia to help restore macroeconomic stability and foster higher, more resilient, and more inclusive growth. Continue reading