How will a new allocation of special drawing rights affect the global economy? Could International Monetary Fund (IMF) member countries do more to support low-income countries and afford more debt relief? And what effect will the recent $1.9 trillion U.S. recovery package have on emerging markets and currency disputes?
Mark Sobel is the U.S. chairman of the Official Monetary and Financial Institutions Forum and previously represented the U.S. on the IMF’s executive board. He joins David Dollar to preview the IMF Spring Meetings and discuss current issues in U.S. monetary policy.
Treasury must call the shots on US foreign exchange policy
Currency disputes may soon resurface
SDR proposals could help reset international monetary system
How special drawing rights could help Africa recover from COVID-19