IMF, World Bank serve critical roles in international system.
No one who financed or supplied the Russian war machine will be eligible for funds earmarked for Ukraine’s reconstruction.
Trump administration wants to help China and U.S. rebalance.
IMF devotes disproportionate time and resources to work on climate change, gender and social issues, crowding out macroeconomic work.
Economic stability and growth should be markers of IMF success, not how much money is lent.
World Bank can use resources more efficiently by focusing on increasing energy access.
World Bank must set firm graduation timelines to end lending to countries that have met graduation criteria.
China can start reform by moving economy away from export overcapacity, toward supporting its own consumers and domestic demand.
World Bank needs to use resources as efficiently and effectively as possible, demonstrate tangible value for member countries.
This article was written by Greg Michalowski at www.forexlive.com. Read More Details
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