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Transforming the Global Economy: A Key Role for the IFIs

... limits the scope for global and regional initiatives. There is arguably also insufficient vertical coordination between global and regional organizations — in particular between regional development banks and the World Bank as well as between the WTO and regional trade arrangements. One possible exception in this respect is the coordination between the IMF and the regional financing arrangements that is quite advanced and over the past years has been conducted on a semi-annual basis on the side-lines of the IMF Annual Meetings. One global trend that will likely favour the creation of platforms among ...

29.07.2022

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Synchronicity in Economic Policy amid the Pandemic

... several trajectories: · Greater synchronicity in the anti-crisis response across countries and regions – according to the IMF it is a coordinated response that renders economic stimulus more efficacious in countering the global downturn · Synchronicity ... ... coordination. Another possibility is for such coordination to be supported by global international institutions such as the UN, the WTO, Bretton Woods institutions, etc. Other options include coordination across the multiplicity of all countries of the global ...

10.09.2021

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