SDRs, PPPs, the IMF, UN and World Bank

In the first installment of The Global Agenda: Privatizing the Planet, I attempted to establish the suggestion of the underlying foundation and causation for Public-Private Partnerships (PPP), that being debt financing, which propagates debt trading, debt swaps and various and sundry securitizations and securitized financial instruments.

Within this post, I shall attempt to establish the connection between the IMF's Special Drawing Rights (SDR), the creation of debt and those private-public partnerships as debt-affiliated vehicles which are a major force in the privatization of everything.

Admittedly, these connections may appear tenuous to some, but it is definite food for thought.

Exhibit 1

From an International Monetary Fund (IMF) report, dated March of 2006:

63. Public/ private partnerships (PPPs) are currently not covered in statistical guidelines. At the January/February 2006 meeting, the AEG agreed that the PPPs are sufficiently important to be described in the revised SNA. It also agreed that a list of indicators would be useful to help determine the economic owner of the fixed assets associated with a PPP but that it was necessary to examine arrangements on a case-by-case basis. An annex on PPP will be included in the SNA, with an understanding to keep abreast of developments in international accounting standards.^[1]

Exhibit 2