Gallagher & Merling Argue for Issuance of Additional IMF SDRs
“Instead of making policymakers in poor countries feel that the U.S. has forgotten them, the U.S. can take the lead and pave the way for a new SDR allocation that ensures these countries quickly receive $210 billion worth of support.”
Gallagher Co-Authors Op-Ed on IMF Special Drawing Rights
Co-authors Gallagher and Bradlow argue that the international community should use this historic influx of IMF Special Drawing Rights to establish an innovative strategy for recycling assets to lower and middle-income countries.
Gallagher Co-Authors Op-Ed on IMF Special Drawing Rights
“There are numerous ways that advanced economies and China can deploy unused SDRs to enable developing
countries to tackle [COVID-19], protect the vulnerable, and mount a green and inclusive recovery in the developing world.”
Gallagher Publishes Article on Monetary Support During COVID
“An SDR allocation is not a silver bullet, and it needs to be complemented by further measures.”
Gallagher Writes on IMF and COVID-19 for Brookings Blog
Kevin Gallagher builds on his earlier piece to argue that the IMF should use SDRs as a tool for attacking a COVID-19 financial fallout.
Gallagher Co-Authors FT OpEd on COVID-19 and IMF
Prof. Kevin Gallagher argues that the International Monetary Fund (IMF) should use its Special Drawing Rights (SDRs) to boost inter-sovereign liquidity during the coronavirus crisis.