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Patrick Bond

Will IMF neoliberalism make a comeback in Africa via Tunisia?

The neoliberal government of Ben Ali was overthrown by popular rebellion in 2010. Can the IMF co-opt the Arab Spring?

By Patrick Bond and Khadija Sharife

February 2, 2012 – Links international Journal of Socialist Renewal -- With International Monetary Fund (IMF) managing director Christine Lagarde in Tunisia today, the stage is set for ideological war over the progress of democratic revolutions.

Until 27-year-old fruit seller Mohamed Bouazizi committed suicide by immolation in the provincial town of Sidi Bouzid, Tunisia was packaged as an IMF success story. In 2008, dictator Zine El Abidine Ben Ali was embraced by Lagarde’s predecessor, Dominique Strauss-Kahn: "Economic policy adopted here is a sound policy and is the best model for many emerging countries.”

Climate debt owed to Africa: What to demand and how to collect?

By Patrick Bond

May 5, 2010 -- The “climate debt” that the industries and over-consumers of the global North owe Africans and other victims of climate change not responsible for causing the problem has accrued by virtue of the North’s excessive dumping of greenhouse gas emissions into the collective environmental space. Damage is being accounted for, including the more constrained space the South has for emissions. This historical injustice – and “debt” -- is now nearly universally acknowledged (aside from Washington holdouts), and reparations plus adaptation finance are being widely demanded.

In Copenhagen, the 2009 United Nations summit on climate change witnessed a great deal of theatre over conceptual problems, including, who should make emissions cuts and to what degree; should markets be the main mechanism; who owes a climate debt; how much is owed; and how the debt should be collected. The willingness of African heads of state to raise the matter publicly beginning in mid-2009 was notable, but their inability to ensure political solidarity led to the imposition of the Copenhagen Accord on December 18, in a manner that sets back the cause.

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