Soros on 'periphery countries' and the G20

George Soros in today’s FT makes similar points to those raised in my posts on Africa (Zambia here and Tanzania coming later today), Latvia and Hungary about the need “to protect the periphery countries from a storm created in the developed world… the periphery countries will suffer even more than those at the centre”. 

He welcomes the doubling of IMF resources likely to be agreed by the G20 but calls for an extension of “special drawing rights” on the funds, with recipients paying back the money at very low interest rates.

Sounds like a good idea to me.