Legal and Financial Analysis of the Consequences of Using Special Drawing Rights as Administrative Monetary Penalties Levied in Connection to Marine Pollution Prevention from Ships
Finance, Markets, and Economic Stability: 36FIN 2020
There are many barriers to using the Special Drawing Rights (SDR) as the leading means of settling international accounts within the global currency system. Despite that, SDRs are a universal and flexible accounting unit used in many areas of international and national legal order, including…