Foreign Exchange
TOPIC:
Globalisation » Economy » Finance » Markets » Foreign Exchange
Category
papers
Date
2011
Actor
Cooper, Richard
Source
IMF
Uploaded date
2011-09-28
Uploaded by
Tatiana Karpenko
Link
Is SDR Creation Inflationary?
"Giving greater prominence to SDRs in international reserves would entail allocating them more frequently in significant amounts. The question has properly been raised whether such issuance would be inflationary for the world economy. This short paper addresses that question. It explores five different “scenarios” that describe how recipient countries and the leading central banks... would respond to those allocations." (Quoted from paper)
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