Sdrs

The Future of Macroeconomic Policy: Nine Tentative Conclusions

Olivier Blanchard | Posted 05.25.2011

Read More: Andrew Sheng, Behavioral Economics, Washington Consensus, Paul Romer, Liquidity, Cross-Border Linkages, Robert Solow, Policy Instruments, Capital Controls, Olivier Blanchard, Michael Spence, Special Drawing Rights, Financial Regulation, Adair Turner, Joseph Stiglitz, Policy Targets, Macroeconomic Policy, Systemic Crisis, Sdrs, Dani Rodrik, Inflation Targeting, Agency Theory, Macroprudential Regulation, Business News
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.

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IMF Calls For Alternative To Dollar As World Currency

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

Read More: Sdrs, IMF Dollar, Yuan, International Monetary Fund, Dollar, Currencies, Special Drawing Rights, World Currencies, Business News

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

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The IMF Catapults From Shunned Agency to Global Central Bank

Ellen Brown | Posted 05.25.2011

Read More: Interest Rates, Stimulus Package, g20 Pittsburgh, Federal Reserve, US Dollar, Credit Crisis, Imf, Third World Debt, World's Reserve Currency, Sdrs, Business News
Ellen Brown

The U.S. can settle its debts and get its own house in order, but that would cause world trade to contract. A substitute global reserve currency is needed to fuel the global economy while the U.S. solves its debt problems.

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