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Special Drawing Rights

Nanjing and the New International Monetary System

Dominique Strauss-Kahn | Posted 05.31.2011 | Business
Dominique Strauss-Kahn

The current international monetary system has certainly delivered a lot. But it also has flaws that need to be fixed, especially if the next phase of globalization is to succeed in bringing a strong and broad-based rise in living standards.

The Future of Macroeconomic Policy: Nine Tentative Conclusions

Olivier Blanchard | Posted 05.25.2011 | Business
Olivier Blanchard

We've entered a brave new world in the wake of the crisis; a very different world in terms of policy making and we just have to accept it.

IMF Calls For Alternative To Dollar As World Currency

Feb. 10, 2011 | Ben Rooney, Staff Reporter | Posted 05.25.2011 | Business

NEW YORK (CNNMoney) -- The International Monetary Fund issued a report Thursday on a possible replacement for the dollar as the world's reserve curren...

A Stronger Financial Architecture for Tomorrow's World

Dominique Strauss-Kahn | Posted 05.25.2011 | Business
Dominique Strauss-Kahn

Reform of the international monetary system is wide-ranging and complex. Global debate is only just starting. But we must all recognize that this is not something academic or abstract. We need concrete ideas.

SDRs to Jump-Start a Green Fund: Still a Good Idea

Nancy Birdsall | Posted 05.25.2011 | Politics
Nancy Birdsall

Climate change politics are strange. That's the lesson I extract from what happened on March 4th in the IMF boardroom.