IMF’s raison d’être in jeopardy, The journey to central bank digital currencies
Tuesday 15 October 2019 – Vol.10 Ed.42.2
Commentary: IMF’s raison d’être in jeopardy
By Mark Sobel in Washington
The International Monetary Fund’s resource base faces peril. The Trump administration will not support a Fund quota increase, largely because it does not want to see a strengthening in China’s woefully underweight position. The Fund has been working intensively behind the scenes with China and others, but it...