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The Case for Annual Special Drawing Right Allocations
Atlantic Economic Journal Pub Date : 2023-02-09 , DOI: 10.1007/s11293-023-09761-0
Edwin M Truman 1
Affiliation  

The special drawing right (SDR) is issued by the International Monetary Fund (IMF). The SDR has the potential to strengthen dramatically the international monetary system. Established in 1969 and allocated twice during its first decade, the SDR was in the institutional closet from 1980 until 2009 when $250 billion in SDRs were allocated to members of the IMF to help address the global financial crisis. In 2021, another $650 billion in SDRs were allocated to help address the Coronavirus pandemic. The SDR has proved itself as a crisis instrument. This paper proposes regular annual SDR allocations.



中文翻译:

年度特别提款权分配案例

特别提款权(SDR)由国际货币基金组织(IMF)发行。特别提款权具有显着加强国际货币体系的潜力。SDR 成立于 1969 年,在其第一个十年中分配了两次,从 1980 年到 2009 年一直处于机构壁橱中,当时向 IMF 成员国分配了 2500 亿美元的 SDR,以帮助应对全球金融危机。2021 年,又分配了 6500 亿美元的特别提款权,以帮助应对冠状病毒大流行。特别提款权已证明自己是一种危机工具。本文件建议每年定期分配特别提款权。

更新日期:2023-02-09
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