I'm a researcher and activist interested in international development and international affairs. Views expressed here are not necessarily those of Oxfam.
i. .@IMFNews#SDRs for #GlobalCrisisRelief offer immediate, debt-free liquidity for developing nations. It's time for a new allocation to address urgent global challenges 🌍More here 👇 https://t.co/o27hrzkaSL
In this week’s @EQUALSHope bulletin, @OxfamIFIs' @DidierPJacobs looks at how Special Drawing Rights (#SDR) could help plug the enormous financing gaps to fight #inequality and meet development and #climate goals.
https://t.co/bwsIED0UFS
#SDRs are a goose that lays golden eggs. Let her live!
SDRs can be used toward development and climate goals. The monetary policy logic that underpins them justifies annual allocations of $200bn and doubling the share going to the Global South.
https://t.co/xleylphDfQ
Special Drawing Rights (#SDRs) can play a role in development and climate finance. See how much and how in my new publication (+ a FAQ on SDRs for beginners): https://t.co/KBNgKb7M1F
This is big! 65 heads of state and major world leaders just sent an open letter to @GovKathyHochul @CarlHeastie @AndreaSCousins urging New York to pass the Sovereign Debt Stability Act! https://t.co/wOjzqAexgd
Please join me at this event next week to discuss this wonderful breakthrough for the world that was the allocation of $650 billion of Special Drawing Rights in 2021 and what that may mean for the future. April 17 at 2pmEST. https://t.co/Ph63dhElqC
🔵 #SpringMeetings – #CSPF2024 EVENT | We invite you to our session The future of Special Drawing Rights as a development finance tool: What’s next? where we will debate the merits and caveats of future SDR allocations and reforms, their use for development and climate finance.
📌 Click here to join: https://t.co/dl9MMjXeUb
🗓️ Date: April 17th
⏰ Time: 14:00 (ET)
#IMF #worldbank
@ecuarauz
"Two billion people are living in countries that shouldn't borrow more. That's a huge problem as climate change requires a lot of capital investment. We need solidarity with aid" My punchline of Euromoney's overview of the global debt crisis #cancelthedebt https://t.co/eLXs6ukB5T
IMF program for Sri Lanka is based on the assumption that the country will be able to effectively double tax revenues as a share of GDP in 4 years. The description panglossian comes to mind @paulonbjr
@danielmunevar@paulonbjr ... while keeping government expenditure flat as a percentage of GDP! Imagine the marketing challenge: double your taxes and don't see any improved public service in return!
Thrilled to have @FaccioTommaso join @AtlasMovement ' global #UnityDay event on Sept. 2⃣ to talk about 🥁 how to tax multinational companies 💰
Join us to hear from him, and then brainstorm with our amazing 🔥 community on solutions & implementation!
https://t.co/n1EhF1KqYD
The global economy is becoming the wild west as cowboy lenders get away with forcing countries already struggling with climate crisis and poverty to pay them back in full - just to make profit.
We can get a new law to #StopCowboyLenders
Take Action 👉https://t.co/dsTTu1IeHG
Ghanaian civil society organisations have today said external private lenders must be made to #CancelTheDebt
Because "they lent seeking high returns, it is only right that following these economic shocks, private lenders willingly accept losses"
https://t.co/gXjhDCD09F
The IMF must change its current practice, argue Kristina Rehbein and Malina Stutz from @erlassjahr. Here are 5️⃣ measures that they think necessary. ⬇️ #debt
https://t.co/9lP6f4x6Li