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Does the SDR System Generate Permanent Resource Transfers?

Does the SDR System Generate Permanent Resource Transfers? »

Source: Does the SDR System Generate Permanent Resource Transfers?

Volume/Issue: 1988/33

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 April 1988

ISBN: 9781451979077

Keywords: reserve assets, capital markets, private capital markets, balance of payments, reserve holdings

The paper analyzes whether the SDR system generates permanent resource transfers—i.e., transfers of resources that do not involve equivalent quid pro quos. It is argued that SDR allocation only gives rise to...

Does the SDR System Generate Permanent Resource Transfers?

Does the SDR System Generate Permanent Resource Transfers? »

Volume/Issue: 1988/33

Series: IMF Working Papers

Author(s): International Monetary Fund

Publisher: INTERNATIONAL MONETARY FUND

Publication Date: 14 April 1988

DOI: http://dx.doi.org/10.5089/9781451979077.001

ISBN: 9781451979077

Keywords: reserve assets, capital markets, private capital markets, balance of payments, reserve holdings

The paper analyzes whether the SDR system generates permanent resource transfers—i.e., transfers of resources that do not involve equivalent quid pro quos. It is argued that SDR allocation only gives rise to...