emerging and developing countries

Why Basic Science Matters for Economic Growth

IMFBlog2021-11-01T16:03:04-04:00October 6, 2021|

Public investment in basic research will pay for itself.

A Shot in the Arm—How Special Drawing Rights Can Help Struggling Countries

IMFBlog2021-10-25T16:23:47-04:00August 26, 2021|

The largest allocation of Special Drawing Rights, or SDRs, in history—about $650 billion—came into effect earlier this week. The allocation is a significant shot in the arm for the world and, if used wisely, a unique opportunity to combat this unprecedented crisis. […]