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Special Drawing Rights (SDRs)
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Special Drawing Rights (SDRs): The First International Money

Christopher Wilkie

Abstract

Following the Rio Agreement in 1967, the birth of the Special Drawing Right (SDR) was widely heralded as the first step towards a world international money. The SDR's intended purpose, though, was more modest: to help salvage the prevailing international monetary system which had evolved since Bretton Woods. This volume examines the relatively recent and important history of SDRs—what they are, where they came from, and why they are significant. This book considers the changing roles and influences of the US and the International Monetary Fund (IMF) as post‐Bretton Woods monetary arrangements ... More

Keywords: Special Drawing Rights (SDRs), International Monetary Fund (IMF), (United States) international monetary policy, post‐Bretton Woods monetary system, world economy, international liquidity, international political economy, international money, international monetary reform, international financial crisis

Bibliographic Information

Print publication date: 2011 Print ISBN-13: 9780199606467
Published to Oxford Scholarship Online: January 2012 DOI:10.1093/acprof:oso/9780199606467.001.0001

Authors

Affiliations are at time of print publication.

Christopher Wilkie, author
Canadian Ambassador to the Kingdom of Morocco

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