1、1 The United States, Japan, Germany, France, the United Kingdom, Italy, and Canada.2 The NAB are discussed in U.S. Library of Congress. Congressional Research Service. TheIMFs Proposed “New Arrangements to Borrow” (NAB): An Overview, CRS Report 97-468 E,by (name redacted).3 The Special Drawing Right
2、 (SDR) is an international reserve asset that is created by theIMF and used as its unit of account. The dollar value of the SDR fluctuates on a daily basis.Congressional Research Service The Library of CongressCRS Report for CongressReceived through the CRS Web97-467 EApril 18, 1997The IMFs “General
3、 Arrangements to Borrow”(GAB): A Background Paper(name redacted)Specialist in International Trade and FinanceEconomics DivisionSummaryIn the wake of the Mexican financial crisis, the G-7 industrial countries1 agreed, atthe Halifax economic summit of June 15-16, 1995, to establish an “emergency finan
4、cingmechanism.” This proposal has ultimately evolved into the so-called “NewArrangements to Borrow” (NAB).2 The NAB, however, parallels and complements theGAB, which were established in 1962. While the proposed NAB would become thefacility of first recourse, the GAB remain in existence and are still
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