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A Synthetic Currency Can Help the Real Economy
September 21, 2009
John Williamson argues that major, regular issues of special drawing rights (SDRs), created to satisfy part of the growing need for international liquidity, could help reconcile payments objectives.
RELATED PUBLICATIONS
Policy Brief 09-11: Understanding Special Drawing Rights (SDRs) [pdf] June 2009
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Senator Dodd's Regulatory Reform: A Step Forward March 15, 2010
A Stress Test for the Euro? March 3, 2010
Is China's Economy Overheating? February 26, 2010
China's Dollar Leverage Is an Exaggerated Threat February 18, 2010
China vs. the Rest of the World? February 4, 2010
FEERs Update: China's Persistently Undervalued Currency January 29, 2010
The Fed Must Do More To Help the Economy December 15, 2009
Should the Fed Be Stripped of Its Regulatory Authority? December 4, 2009
The Declining Dollar: Little Cause for Concern November 11, 2009
China's Undervalued Currency July 21, 2009