SDRs and Development Finance, a Policy Challenge that Needs to be Revisited : a Conversation with Michel Camdessus

The interview with Michel Camdessus, former Managing Director of the International Monetary Fund, explores a few episodes concerning the failed attempts to issue Special Drawing Rights to support development, transition to a market economy and the need to finance global public goods. It also touches upon a few theoretical knots concerning the potential inflationary pressure of such issues and the establishment of a multilayered framework of economic and monetary governance. [Publisher's text]