Read on Twitter
I sort enjoy being outflanked from the left by the FT --
I have bowed to (US) political reality, and only advocated for a $500b SDR allocation.
The FT wants a trillion! https://www.ft.com/content/2691bfa2-799e-11ea-af44-daa3def9ae03
I have bowed to (US) political reality, and only advocated for a $500b SDR allocation.
The FT wants a trillion! https://www.ft.com/content/2691bfa2-799e-11ea-af44-daa3def9ae03
And I think @SoumayaKeynes came down on the side of action rather inaction in the @TheEconomist this week.
"Poor countries just need help, fast. It is worth taking some risks to make sure they get it." https://www.economist.com/finance-and-economics/2020/04/11/should-the-imf-dole-out-more-special-drawing-rights
"Poor countries just need help, fast. It is worth taking some risks to make sure they get it." https://www.economist.com/finance-and-economics/2020/04/11/should-the-imf-dole-out-more-special-drawing-rights
Soumaya has good thread on the debate on this issue too
Tho it would be hard for me not to like it given one the tweets. https://twitter.com/SoumayaKeynes/status/1249698202934292485
Tho it would be hard for me not to like it given one the tweets. https://twitter.com/SoumayaKeynes/status/1249698202934292485
Unfortunately it seems unlikely that the IMF's shareholders will agree to any SDR allocation at the virtual Spring meetings this week.
The Fund, it is reported, wants to focus on less controversial ideas ...
The Fund, it is reported, wants to focus on less controversial ideas ...
