Beyond Crises: The future of Special Drawing Rights as a source of development and climate finance

Jacobs, Didier

dc.contributor.author	Jacobs, Didier
dc.date.accessioned	2024-06-07T10:57:52Z
dc.date.available	2024-06-07T10:57:52Z
dc.date.issued	2024-06-13
dc.identifier.uri	http://hdl.handle.net/10546/621605
dc.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>	en_US
dc.format.extent	25	en_US
dc.language.iso	English	en_US
dc.publisher	Oxfam International	en_US
dc.relation.url	http://policy-practice.oxfam.org.uk/publications/beyond-crises-the-future-of-special-drawing-rights-as-a-source-of-development-a-621605
dc.subject	Economics	en_US
dc.title	Beyond Crises: The future of Special Drawing Rights as a source of development and climate finance	en_US
dc.type	Briefing paper	en_US
oxfam.signoff.status	For public use. Can be shared outside Oxfam	en_US
oxfam.subject.keyword	Climate finance	en_US
oxfam.subject.keyword	IMF	en_US
oxfam.subject.keyword	Development finance	en_US
oxfam.subject.keyword	Economic policy	en_US
refterms.dateFOA	2024-06-13T00:00:00Z