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    • Geopolitics Is Corroding Globalization

      IMF· 7 days ago

      economic shocks, arbitrary swings in current account balances, interruptions in access to dollar liquidity, and accumulation of unsustainable debt. The increasing politicization ...

    • Point of view: Special Drawing Rights Reconsidered

      IMF· 6 days ago

      The agreement’s new par values for fixing currencies to the US dollar did not hold, though, and within two years, the Bretton Woods exchange rate regime dissolved into a system of managed floating ...