PERI - Financing Needs of Developing Countries in the Wake of Covid-19: The Role of Special Drawing Rights

May 10, 2020 | Commentary

Type of publication: Commentary
Research or In The Media: Commentary
Research Area: Economics for The Developing World
Publication Date: 2020-05-10
Authors:
- Add Authors: Esra Ugurlu
Show in Front Page Modules: Yes

>> Read commentary on Developing Economics blog

Since the outbreak of the Coronavirus, developing countries have been exposed to massive withdrawals of capital flows. In this blogpost, PERI research assistant Esra Ugurlu discusses the financial challenges these countries face and considers what role the Special Drawing Rights (SDRs) of the IMF can play in easing the burden.