Channelling special drawing rights to multilateral development banks: overcoming remaining legal and political obstacles
Berensmann, Kathrin / Yabibal Walle / Elise Dufief / Paulo Esteves / Rob Floyd / Yu Ye (2024)
Policy Brief 30/2024
The most efficient way to channel Special Drawing Rights to developing countries is through multilateral development banks. The African Development Bank and Inter-American Development Bank have proposed a hybrid capital solution. This Policy Brief addresses the challenges to implementing it.