Tag "Special Drawing Rights"
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