Tag "Special Drawing Rights"

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Asia Pacific Politics

China-U.S. dialogue falls short on substance

In the midst of Asia-Pacific tensions, the recent China-U.S. summit failed to move beyond the rhetoric that has historically gridlocked relations.

Finance International

Is the time ripe for a new global reserve currency?

China’s push for the adoption of a super-sovereign reserve currency points to a possible larger role for IMF’s Special Drawing Rights (SDR). The current international monetary system is a historical

Finance International

Book Review: Currency Wars

In his 2011 book Currency Wars: The Making of the Next Global Crisis, James Rickards explains that we are in the third reincarnation of currency wars. He highlights the fact that