Making the International Financial System Work
The annual meetings of the International Monetary Fund and the World Bank have proved once again that where there is political will, there is a way forward. We can make meaningful progress toward a fairer, more efficient international financial system.
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MARRAKESH – In the last two years, a series of international summits have focused on the future of the global financial architecture. But as we convened in Marrakesh for the annual meetings of the International Monetary Fund and the World Bank, many were asking whether it made sense to try to fix the existing system. Some were already convinced that this is neither possible nor desirable.