Following the Rio Agreement in 1967, the birth of the Special Drawing Right (SDR) was widely heralded as the first step towards a world international money. The SDR's intended purpose, though, was more modest: to help salvage the prevailing international monetary system which had evolved since Bretton Woods. This volume examines the relatively recent and important history of SDRs--what they are, where they came from, and why they are significant. It considers the changing roles and influences of the U.S. and the IMF as post-Bretton Woods monetary arrangements established themselves. Despite...