Loading...
Beyond Crises: The future of Special Drawing Rights as a source of development and climate finance
Jacobs, Didier
Jacobs, Didier
Citations
Altmetric:
Titre
Publication date
2024-06-13
Document type
Briefing paper
Pages
25
Author(s)
Advisors
Editor(s)
Other Contributors
Affiliation
ePub Date
Submitted date
Subject
Local subject classification
MeSH
Country
Collections
Files
Loading...
English summary
Adobe PDF, 420.77 KB
Loading...
English paper
Adobe PDF, 645.46 KB
Description
<html>
<head>
<title></title>
</head>
<body>
<p>The allocation of Special Drawing Rights (SDRs) during the COVID-19 pandemic has generated considerable interest in using SDRs as a tool for development and climate finance. This policy brief argues that the monetary logic that underpins SDRs justifies regular allocations of at least $200 billion a year, and more than doubling the share of low-and middle-income countries. Once allocated, governments can use SDRs in multiple ways, including to fund some development or climate projects. The brief also discusses reforms to deepen the SDR system in the interest of all countries.</p>
</body>
</html>
Language
English