Issue Brief
The Cost of Debt in a Time of Overlapping Crises
Developing countries face escalating debt burdens, higher borrowing costs, and climate pressures, highlighting the need for systemic reform.
Apr 15, 2026
Article
Bolivia’s Streets Have Erupted. Here’s Why.
Jun 12, 2026
Article
It’s Long Past Time to Liberate Venezuela’s SDRs
Jan 22, 2026
Article
Workshop on the Role of SDRs for Global Stability and Sustainable Economic Transformation
Dec 19, 2025
Report
The United States, The IMF, and Special Drawing Rights
Oct 14, 2025
Report
The Case for the Complete Removal of IMF Surcharges: Historical Precedents and a Growing Burden
Explore the research on IMF surcharges and their effects on payment systems, banking, and public economics.
Article
IMF Begins Review of Unjust Surcharge Policy
IMF reviewing surcharge policy: why surcharges are counterproductive, unfair, and unnecessary. Learn more about the push to end surcharges.
Article
No False Solutions: IMF Surcharges Must Go
Uncover the truth about IMF surcharges. Find out why this policy has been criticized as regressive and counterproductive.
Press Release
Debt Relief Is Needed to Ensure Climate Resilience, Report Warns
External debt challenges affecting almost 80 countries continue to hamper global efforts to address the climate crisis.
Report
The Rising Cost of Debt: An Obstacle to Achieving Climate and Development Goals
Explore the relationship between climate change and debt in developing countries. Understand how rising debt costs are adding to their vulnerabilities.
Article • Ecuador News Round-Up
Ecuador News Round-Up No. 13: Ecuador Storms the Mexican Embassy and Citizens Reject ISDS
Find out how Ecuadorians voted in the referendum, rejecting ISDS and approving measures to increase security and combat crime.
Report
A Broader Impact Than Ever Before: An Updated Estimate of the IMF’s Surcharges
This paper presents an estimate of IMF surcharges updated as of February 2024. It shows that 22 countries are now subject to surcharges, a net increase of 6 since our 2023 estimate.
Article • Ecuador News Round-Up
Ecuador News Round-Up No. 12: Concerns over Government Security Response Rise. Can It Work, and at What Cost?
There is no doubt that Noboa’s rhetoric and security measures bear a strong resemblance to President Nayib Bukele’s approach to insecurity in El Salvador.
Article
The IMF’s Effective Lending Rate for Large Borrowers Is Now at Over 8 Percent
The IMF is considered a “super-senior” creditor for developing countries, but it is now charging over 8 percent for disbursements to its most indebted borrowers, due in part to surcharges.
Article
International Monetary Fund Lifts Veil on Surcharges
The IMF’s own data supports widespread concerns that the surcharge policy presents a tremendous burden on heavily indebted countries, which is only growing.
