Lucas

Cambridge 2023
Economics

- UCL 2021
History, Politics and Economics

- Ex-RA @cgdev
Sustainable Development Finance

- Views are my own

[Center for Global Development @CGDev]

The @IMFNews' Annual Report on SDR Trading Operations indicates:
🇪🇺 Europe has become a main hub of SDR trading
💱 48 countries exchanged SDRs in the Voluntary Trade Agreements system

@Lucas_Sala_ & @MarkWPlant share key takeaways from the report ⬇️
https://t.co/U5xzG3pf1u

[Center for Global Development @CGDev]

What's the state of the #SDR market?
@Lucas_Sala_ & @MarkWPlant draw out must-knows from the @IMFNews' Annual Report on SDR Trading Operations. 📑

The report covers the 1st year after the historic allocation of SDR 456 billion in 2021 and its impact 💱:
https://t.co/U5xzG3pf1u

[Lucas @Lucas_Sala_]

"Is There a Better Way to Use Global
Reserves?"

Yes argues @MarkWPlant!

Global reserves can facilitate short-term global recovery as well as a longer-term global transition towards a more sustainable and equitable economic future.

https://t.co/eVaHT9h9gh

[Mark Plant @MarkWPlant]

Will we ever be able to track SDR recycling? Some more clarity from @imfnews would help a lot. Thoughts from me and @Lucas_Sala_ . @CGDev
https://t.co/FzXffBntBE

[Mark Plant @MarkWPlant]

We need some more clarity about how countries use the IMF to help Ukraine. @Lucas_Sala_ @CGDev

https://t.co/JnLFU1330r

[Center for Global Development @CGDev]

📢 @CGDev is #hiring and looking to fill several Research Assistant roles!

Interested in helping conduct 👨‍🔬 quantitative & qualitative research with our dynamic teams in DC and London?

Apply at https://t.co/5YtP5x8F9C
#EconTwitter

[Center for Global Development @CGDev]

An economic tsunami is about to engulf the developing world.

#G20 can help:
🌾 Fund @WFP to avert alarming famine rates
🚧 Defer debt repayments for safety nets
⏰ Nudge #IFIs like @IMFNews to act w/ urgency + more!

@MasoodCGD & @SongweVera report ⤵️ https://t.co/EgcHmXvwwb

[Lucas @Lucas_Sala_]

According to the preliminary data in this study, health spending as a percentage of GDP grew in practically all low and low-middle income nations in 2020, albeit not as much as in advanced economies.

@CGDev
https://t.co/dsLKEjvVsx

[Lucas @Lucas_Sala_]

In this paper, @SanjeevGuptaCGD and I discuss the expenditure choices of LICs and LMICs during the pandemic. Public expenditure in LICs and LMICs had been steadily increasing until the COVID-19 pandemic.

[Lucas @Lucas_Sala_]

The pandemic, on the other hand, has considerably reduced these countries' income flows, putting pressure on them to spend more on protecting their citizens and their economies. Sadly, health spending as a percentage of total output did not rise from 2000 to 2018.

[Center for Global Development @CGDev]

LIVE NOW: Join the @WorldBank's @DavidMalpassWBG and @CGDev's @MasoodCGD for an in-depth discussion about ways to address the overlapping crises impacting the most vulnerable communities.

Watch ---> https://t.co/ZV4ZpBELJD

[Lucas @Lucas_Sala_]

All this depends on the willingness of central banks to use their existing "precautionary" facilities more widely and the global financial community to fruitfully engage in a dialogue. It is increasingly apparent the crisis is here

[Lucas @Lucas_Sala_]

Since the RU invasion of UA, central banks are charged with the easy task of fighting inflation and a financial war.
In the wake of a debt crisis and cold-war like tensions, @MarkWPlant and I explore the "old fashioned" tools that allow EMEs to access US$

#econtwitter
@CGDev

[Lucas @Lucas_Sala_]

Swaps, FIMA Repos, FCL, SDRs, SLL... all these acronyms could either represent new tools for warfare or the beginning of a solutions

[Center for Global Development @CGDev]

Tomorrow, the @WhiteHouse + partners will meet for the 2nd🌎COVID-19 summit.

Ending the pandemic requires new goals + ⬆️ ambition, say @JocilynEstes @elenismitham & @e_collinson. Explore @CGDev proposals for a way ➡️ on global COVID relief (🧵):
https://t.co/UasMv3F4SL

[Mark Plant @MarkWPlant]

@IMFNews @CGDev And if you want to see David Andrews short summary of the @IMFNews board document, go here:
https://t.co/H9OvRXyPrQ