‘Failing the stress test’: UN chief calls for global finance overhaul
“The international financial architecture, crafted in 1945 after the Second World War, is undergoing a stress test of historic proportions – and it is failing that test”, argues UN Secretary-General António Guterres in a 2023 policy brief. He points out that unsustainable levels of debt are crippling many poor countries, to the extent that they are […]
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