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The Rise and Fall of Multilateralism
A quarter-century ago, the multilateral system of global economic governance had reached its pinnacle. Today, the WTO, the IMF, and the World Bank are experiencing a deep crisis of legitimacy.
A quarter-century ago, the multilateral system of global economic governance had reached its pinnacle. Today, the WTO, the IMF, and the World Bank are experiencing a deep crisis of legitimacy.
U.S. elites are not victims of China and Germany’s export-oriented policies. They are engaged in the complex balancing act needed to maintain global hegemony.