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Mark Weisbrot’s Columns

Mark Weisbrot’s column examines critical threats to global economic stability and democratic institutions, offering incisive analysis of pressing issues facing the US and international community.

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The International Monetary Fund’s Special Drawing Rights: Why a New Issuance is Necessary and Feasible at this Time, and Would Save Many Lives

The International Monetary Fund’s Special Drawing Rights: Why a New Issuance is Necessary and Feasible at this Time, and Would Save Many Lives

The SDR issuance last year probably saved hundreds of thousands of lives, if we use, e.g., the Bank for International Settlements’ research on the relation between recessions and mortality. 

By Mark Weisbrot, Joe Sammut