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SDRs and Development Finance, a Policy Challenge that Needs to be Revisited. A Conversation with Michel Camdessus

Fabio Masini and Albertina Nania

HISTORY OF ECONOMIC THOUGHT AND POLICY, 2025, vol. 2025/2, issue 2, 135-147

Abstract: The interview with Michel Camdessus, former Managing Director of the International Monetary Fund, explores a few episodes concerning the failed attempts to issue Special Drawing Rights to support development, transition to a market economy and the need to finance global public goods. It also touches upon a few theoretical knots concerning the potential inflationary pressure of such issues and the establishment of a multi-layered framework of economic and monetary governance.

JEL-codes: A11 B27 B31 F02 F33 F34 (search for similar items in EconPapers)
Date: 2025
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