Reserve accumulation as self-insurance

We are raiding the Guardian long read archives to bring you some classic pieces from years past, with new introductions from the authors. This week, from 2022: as the world faces the worst debt crisis in decades, the need for a global lender of last resort is clearer than ever. But many nations view the IMF as overbearing, or even neocolonial – and are now looking elsewhere for help By Jamie Martin. Read by Kelly Burke. Help support our independent journalism at theguardian.com/longreadpod