Thu | May 14, 2026

Stories by Joseph E. Stiglitz and Mark Weisbrot for Project Syndicate

Published:Wednesday | January 15, 2025 | 8:19 AMJoseph E. Stiglitz and Mark Weisbrot for Project Syndicate

NEW YORK: In August 2021, the International Monetary Fund issued $209 billion to developing countries in the form of special drawing rights (the IMF’s reserve asset). SDRs are much like cash, because recipient governments can convert them to...

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