Determinants of use of special drawing rights by developing nations
Open Access
- 1 July 1975
- journal article
- research article
- Published by Taylor & Francis in The Journal of Development Studies
- Vol. 11 (4) , 316-324
- https://doi.org/10.1080/00220387508421549
Abstract
The paper examines the determinants of use of Special Drawing Rights by developing countries. Simple behavioural models are presented and estimated to explain the use of SDRs and the role of SDRs in the reserve portfolios of less developed countries. While the results are far from conclusive, they provide some understanding of the role of the newest international reserve asset in the international financial decisions of less developed countries.Keywords
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