Mar

28

2023

10:00—11:30 AM ET , 3:00-4:30 PM BST

EVENTS | CGD TALKS

The Future of Special Drawing Rights (SDRs)

FEATURING

Hassatou Diop N’Sele, Vice-President for Finance and Chief Financial Officer, African Development Bank

Brad Setser, Senior Fellow, Council on Foreign Relations

Stephen Paduano, PhD Candidate, London School of Economics

Ted Truman, Senior Fellow, Harvard Kennedy School

Rachel Turner, Director of International Finance, Foreign Commonwealth and Development Office

Adil Ababou, Senior Program Officer, Bill and Melinda Gates Foundation

Sara Harcourt, Senior Policy Director, The ONE Campaign

MODERATOR

Mark Plant, Senior Fellow, Center for Global Development

The 2021 allocation of Special Drawing Rights (SDRs) by the International Monetary Fund (IMF) provided a vital lifeline for the global economy during the COVID-19 pandemic. As the world moves towards a post-pandemic future, SDRs could play a vital role in shaping the global economic recovery. However, the question remains: what is the future of SDRs?

This panel discussion will focus on the potential uses of SDRs in the global economic recovery and the challenges associated with their issuance, distribution, and use. Experts will examine the role of SDRs in promoting sustainable economic growth, reducing global poverty, and addressing global economic imbalances. They will also explore innovative proposals for SDR use.

The goal of this event is to foster an open and collaborative discussion among leading experts on the future of SDRs. Through this discussion, we hope to gain a deeper understanding of the potential uses of SDRs and their role in promoting a more sustainable and equitable global economy.