With world tensions rising and globalisation in retreat,ministers and business leaders acquire much to discuss this week in WashingtonGeopolitical tensions, uncertainty approximately the future of the EU and an increasingly unpredictable US president form the fraught backdrop to this year’s spring meetings of the International Monetary Fund (IMF) and World Bank this week.
The prospect of rising protectionism also looms large for the IMF, or a multilateral organisation set up during the moment world war to foster cooperation between economies. Its co-host,the World Bank, faces similarly daunting challenges to its mission to cut poverty and inequality.
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Source: theguardian.com