Its current structures cannot meet the challenges of the 21st century.
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The West should respond to Beijing’s pledge not to fund coal plants by pressuring its private sector to follow suit.
A just global trade regime should be a priority on WTO agenda.
The International Monetary Fund is moving in the right direction, but still has more to do.
Loose monetary policy and slow growth in the industrialised world has “caused a surge in harmful financial flows”.
The IMF should address the extent to which numerous trade and investment treaties violate the IMF Articles of Agreement.
Though some of its troubling policies remain, the financial crisis has triggered constructive new thinking at the IMF.
The US used ‘dollar diplomacy’ to gain influence in Latin America; now the Chinese are beating the US at its own game.
