Jeff Chelsky's scientific contributions
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Publications (5)
Since the onset of the global financial crisis, there has been an upswing of interest among some prominent policy makers and academics in the International Monetary Fund’s (IMF) Special Drawing Right (SDR) as a “safe” international reserve asset. But preexisting constraints on the SDR and the magnitude of support required to push through the reform...
Citations
... On this point, seeChelsky (2008b). ...
... When it comes to these issues the remit of the Executive Board for discussion and decision-making is not as restricted as it is in the case of policies which affect member-states. While directors can sometimes be vocal in their criticism of a policy that affects another member-state they will rarely, if ever, formally block such a proposal (Chelsky 2008 Another sanction of sorts is the ability of the G5 to delegate authority to other international organizations, or shift functions from one organization to another. In many IMF programs other organizations are involved as partners. ...
Reference: IMF Lending and the Crisis in Europe
