Forbes publishes CGD senior fellow Arvind Subramanian's op-ed on the G-20 outcomes.
From the article:
"Judged against the low expectations before the G-20 meeting, the outcome of the London summit meeting was not too bad. The G-20 communiqué signaled one clear and important achievement: beefing up the resources of the International Monetary Fund substantially; and, by agreeing to issue $250 billion new Special Drawing Rights (SDRs), this beefing up has been accomplished in a sensible way. New SDRs are like usable foreign exchange for countries that do not have enough reserves. They are to come unencumbered so they can be used quickly."
Read the op-ed
