Economics
The Role of Special Drawing Rights in Global Liquidity
Quick fact
During the 2009 global financial crisis, the IMF issued $250 billion in SDRs—the largest allocation in history—to help countries weather the downturn.
Why this is interesting
You may have never held one, but Special Drawing Rights (SDRs) are a form of money that only central banks can use. What if countries could create their own global emergency cash in times of crisis?