Report
The Growing Debt Burdens of Global South Countries: Standing in the Way of Climate and Development Goals
Nearly 80 low- and middle-income countries are considered by international institutions as being in or at risk of debt distress.
World Bank
Article • Mark Weisbrot’s Columns
How the Treasury Department Could Prevent Mass Starvation with No Cost to the Taxpayers
There is a way to bring hundreds of billions of dollars of aid to the developing countries where the people who need it most live. Amazingly, this help has zero cost to the US government.
Article
Now Would Be a Good Time for the IMF to Do Away with Unfair and Unnecessary Surcharges
Doing away with the unnecessary, unfair, and counterproductive surcharges tacked onto IMF lending is one of the easiest steps the Fund could take to help hard-hit countries in their hour of need.
Article
Ecuador’s New Loan Program: A Tale of Two IMFs
The IMF should be focused assisting governments with the expansion of progressive and corporate taxation and helping all countries coordinate stimulus measures for jobs and sustainable development, not continuing to push harmful austerity.
Article
We Can’t Trust the IMF and World Bank to Lead the COVID-19 Recovery
Despite decades of protests against them, the IMF and World Bank continue to force the same discredited neoliberal policies on poor governments and their people. Countries in economic distress desperately need alternative sources of aid that won’t demand