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Blog Post
August 04, 2022
A more useful starting point in answering questions such as this is to reframe space as infrastructure, akin to roads or power. Road systems and electricity grids, for example, don’t directly feed people, but they do contribute greatly to the ability to grow, move, store, and sell agricultural goods...
Blog Post
August 03, 2022
Ukraine’s dire financing situation is front and center in the debate over how the world will weather the war being waged by Russia. The IMF will play an important role in extending credit to Ukraine directly, but the institution is also being used a conduit for other countries’ assistance. In this b...
Blog Post
July 15, 2022
The benefits of space technology are substantial, most simply demonstrated by how it contributes to every UN Sustainable Development Goal. Most countries’ economies and industries are already dependent on satellites to some degree, for position, navigation, and timing data (transportation, power gri...
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
May 25, 2022
After the IMF’s August 2021 allocation of $650 billion worth of special drawing rights (SDRs), the G20 pledged to recycle $100 billion worth of that allocation from high-income countries to middle- and low-income countries. These recycled SDRs—not needed by advanced economies—would help lower-income...
Blog Post
May 18, 2022
Just as the human body needs blood and a car needs oil, the world’s economy needs US dollars to support global trade and the international financial system. Since the Russian invasion of Ukraine, central banks have been charged with the “simple” task of keeping economies afloat by containing inflati...
Blog Post
May 10, 2022
Pretty much everyone following the war in Ukraine has seen satellite imagery of Russian convoys trundling across Ukraine, or read about Elon Musk’s delivery of 5,000+ Starlink satellite-internet receivers. News reports are backed up by a wealth of satellite data, which has short-circuited Russia’s a...