Home Web Specials Weaponised economics: Debt, tariffs and global exploitation – Jomo KS

Weaponised economics: Debt, tariffs and global exploitation – Jomo KS

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Jomo Kwame Sundaram, the research advisor at Khazanah Research Institute, economics professor at the University of Malaya and founding chair of Ideas, joins Ileana Chan in this talk.

Jomo unpacks the far-reaching consequences of US trade policies, the International Monetary Fund (IMF) and the shifting dynamics of global power. From Trump’s sweeping tariff hikes – affecting nations across the globe – to the escalating trade war with China, he analyses the stakes and reveals who is best positioned to endure the fallout.

Jomo delves into the IMF and World Bank’s history of economic coercion disguised as development aid, the paradox of South Korea’s economic resilience despite its status as a de facto US military colony, and the broader impact of US imperialism on global trade.

With sharp insights into neoliberal privatisation, foreign aid exploitation and the realities of economic dependency, he sheds light on how imperialism continues to shape international economics.

Produced by: Empire Watch

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