There Is No Alternative to Multilateralism
After the 2008 financial crisis, G20 leaders took decisive and coordinated action to boost market and consumer confidence, and then implemented coordinated reforms to ensure future financial stability. Today, with the multilateral system under severe strain, a similar cooperative push is urgently needed.
https://prosyn.org/NtTLn38
CANBERRA – Since the creation of the Bretton Woods system 75 years ago, countries have been coming together in pursuit of global public goods, giving rise to both the international trading system and a global financial safety net.