An Agenda for the Annual Meetings: Climate Change and Debt Relief – Barron’s

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Finance ministers and officials from around the world will gather soon for a virtual annual meeting of the International Monetary Fund and World Bank. Sometimes these gatherings lead to major international announcements. This time, two weeks before the highly consequential elections in the U.S., it would be naive to expect any new initiatives, which would be a regrettable outcome given the Covid-19 pandemics toll on the global economy. Even so, the assembled officials should advance consensus on areas where, regardless of the political outcome in the U.S., collective action will be needed to address the worst development and humanitarian crisis in modern history. Here are four specific p…

Read the full article at: https://www.barrons.com/articles/global-consensus-is-hard-to-find-heres-where-action-is-still-possible-51602269325