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Vol 63 No 15

Published 21st July 2022

Fund shores up internationalism

Reacting to diplomatic stalemates at the UN Security Council and the G20, the IMF is becoming the international forum of last resort – on debt, climate finance and the spillover from Moscow's war on Ukraine. It is a strange twist for a body that was almost universally condemned by developing countries for its harsh economic prescriptions in the 1980s and 1990s.

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