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Apr
29
2022
9:30—11:00 AM Eastern Time (US & Canada)/ 2:30—4:00 PM British Summer Time (BST)/ 3:30—5:00 PM Central European Summer Time (CEST)
April 20, 2022
Exogenous shocks like extreme weather events or pandemics can reverse years of hard-won development gains. COVID-19, by demonstrating the fragility and vulnerability of the global economy, may be just a foretaste of what is to come. Failure to invest in resilience will have wide-ranging implications...
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
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...
POLICY PAPERS
January 20, 2022
This paper discusses three potential requirements for country platforms to facilitate effective delivery of GPGs. We propose that existing country platforms be repurposed to coordinate the contribution of domestic and external stakeholders to GPG delivery efforts at the country level. For this propo...
Blog Post
January 20, 2022
Ongoing and looming global crises such as the COVID-19 pandemic and climate change have brought renewed attention to the delivery of global public goods (GPGs)—goods that benefit the entire world and can only be provided through cooperation between countries, like public health, climate action, and ...
Blog Post
January 17, 2022
Tracking the movements of IMF special drawing rights (SDRs) can be confusing and challenging. In an effort to increase transparency around SDR transactions, the IMF released its Annual Update on SDR Trading Operations. Most of the report focuses on Voluntary Trade Arrangements, a backbone of the SDR...
Blog Post
January 11, 2022
In 2021, the International Monetary Fund (IMF) completed its periodic Comprehensive Surveillance Review (CSR), which considered how the IMF should update the analysis and advice it gives member countries as part of its mandated surveillance function. In considering the review, the IMF Executiv...