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How the Global South Could Develop Debt-Free w/ Ecuador’s Andres Arauz
Posted
February 14, 2023
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14:33Now PlayingAndrés Arauz, former Ecuadorian presidential candidate, central banker and research fellow at the Center for Economic and Policy Research, joins the show to discuss how Special Drawing Rights (SDRs) could be the solution to the Debt Crisis stalking the Global South. SDRs are a special IMF currency that can be traded for hard currency, providing a much-needed injection of liquidity for countries, without adding to debt burdens.
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