Making the Global Financial Architecture Work for Emerging Markets and Developing Countries (EMDEs)

PARIS, Apr 22 (IPS) - The world is facing multiple crises that must be tackled quickly, with innovative approaches and brave decisions. The global financial architecture is an area that needs reform and thinking outside the box. The system created 80 years ago is not able to deal with today’s problems that range from climate change to pandemics, to increasing inequality, to conflict and fragility, to food insecurity and poverty.

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