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Blog Post
March 31, 2022
Every nation on Earth uses space in some way. Satellite communications, GPS, and satellite remote sensing are woven into the fabric of the world economy, and more nations are starting to realize that it’s in their national interest to develop an endemic, foundational space capability.
Blog Post
March 31, 2022
The effort to recycle unneeded SDRs from wealthy countries to poor countries was dealt a major setback in an omnibus spending deal recently passed by the US Congress. The final measure failed to include language authorizing the US Treasury to recycle 15 billion SDRs, worth about $21 billion, to the ...
Blog Post
March 07, 2022
With Russia’s attack on Ukraine raging and most of the world imposing severe financial sanctions on Russia, attention has turned to whether Russia could use its allocation of special drawing rights to bolster its foreign reserves and finance its war effort. The answer is yes, in principle, but ...
Blog Post
March 01, 2022
Following international condemnation of Russia’s attack on Ukraine, most would agree any action supporting Ukraine’s access to information and communication is welcome, and in this case looks like it has active support by both the U.S. and Ukrainian governments. There are some overarching governance...
Blog Post
February 23, 2022
On August 23rd, 2021, the IMF allocated $650 billion of Special Drawing Rights to its member countries, in proportion to their quotas. Yet many decried that the distribution of the new allocation was not aimed at those countries that needed it the most. Something had to be done, quickly, t...
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...