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Blog Post
February 15, 2023
Months of innovative work by AfDB staff have resulted in an attractive SDR recycling scheme that overcomes a major hurdle by successfully embodying the reserve asset characteristic. And it will allow leveraging SDRs to multiply their lending power 3-4 times. Now politicians have to step up and commi...
Blog Post
December 21, 2022
If economists are the ‘dismal scientists’ always harping on about limited resources, evaluators are often considered the ‘pessimist scientists’ who only see the half-empty glass, rather than the half-full one. The end of the year is, however, a perfect time to break with that tradition. It is a time...
Blog Post
May 30, 2022
As international support for Ukraine ramps up, IMF special drawing rights (SDRs) are being brought into the mix. European Council president Charles Michel supported the Ukrainian Minister of Finance’s call to reallocate ten percent of unused SDRs to Ukraine. But it is unclear what this ten percent ...
Blog Post
February 15, 2022
Last week, the European Union and its member states placed a “European global health strategy” at the top of their shared agenda. And as part of the EU-Africa summit this week in Brussels, the EU is highlighting its support for regional manufacturing of COVID-19 vaccine via the African Union’s Partn...
Blog Post
February 10, 2022
The EU-AU summit is an important moment where the European Union could announce an ambitious plan to recycle its Special Drawing Rights which our analysis shows there is plenty of room to do. While some EU countries have been at the forefront of advocating for recycling, as a group the EU membe...