Special Drawing Rights: Development Without the Debt Trap? w/ Andres Arauz
Andrés Arauz, former Ecuadorian presidential candidate, central banker and research fellow at the Center for Economic and Policy Research, joins the show to discuss how Special Drawing Rights (SDRs) could be the solution to the Debt Crisis stalking the Global South. SDRs are a special IMF currency that can be traded for hard currency, providing a much-needed injection of liquidity for countries, without adding to debt burdens.
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