Multilateral
in sentence
1507 examples of Multilateral in a sentence
But one can see the emerging contours of a South-South development-finance landscape – one with the potential to transform
multilateral
lending more broadly.
For years, the world has believed that the transition from a unipolar to a multipolar order would be peaceful, orderly, and steady, with new players like China, Brazil, and Turkey adapting to the existing
multilateral
framework in a natural, harmonious way.
In Asia, the US has been playing a similar role in pushing for
multilateral
resolution of dangerous bilateral disputes between China and its many neighbors over territories in the East and South China Seas, while at the same time restraining US allies who might otherwise provoke crises.
Moreover, the Trump administration’s narrow fixation on an outsize bilateral trade imbalance with China continues to miss the far broader macroeconomic forces that have spawned a US
multilateral
trade deficit with 101 countries.
May seems to be assuming that the Commonwealth of Nations and other
multilateral
economic bodies can substitute for the EU, and that Trump, like British Foreign Secretary Boris Johnson, will end up being a rational statesman who simply cannot control his words.
Multilateral
lenders have long understood the importance of debt relief to poverty reduction.
Indeed, the joint IMF-World Bank Heavily Indebted Poor Countries (HIPC) Initiative was launched in 1996 to coordinate efforts by
multilateral
organizations and governments to reduce poor countries’ debt burdens to sustainable levels.
But the
multilateral
approach, using the World Trade Organization, has proved less effective than they hoped, so now they are attempting to achieve this goal through bilateral and regional agreements.
In recent years, the international financial system has become increasingly fragmented, exemplified in the proliferation of bilateral and
multilateral
currency-swap arrangements.
The European Commission and
multilateral
lenders should help to facilitate ongoing structural change in the banking sector, including bank acquisitions and balance-sheet restructuring for viable export-driven companies.
By any reasonable metric,
multilateral
institutions and great-power governments did what was necessary to preserve the global economy’s openness.
These talks, represent a more open, forward-looking,
multilateral
view of China's place in the world, hinting at a more pro-active and constructive diplomatic role as matchmaker and reconciler on the global stage.
In the past, China shied away from most
multilateral
problem solving, fearing that it might set a precedent for other countries to intervene in internal Chinese affairs.
But China's performance could become symbolic of a more significant long-term breakthrough--the moment when the country put its fear of the outside world aside and began to emerge as a more pro-active agent of
multilateral
cooperation.
The real threat of evil, I think, lies in the temptations of “international governance” – say, a sinister
multilateral
government body called the World Information Center.
There is a longstanding disconnect between bilateral and
multilateral
approaches to international economic problems.
By contrast, the
multilateral
approach appeals to most economists, because it stresses the balance-of-payments distortions that arise from mismatches between saving and investment.
Likewise, it doesn’t help when we emphasize that China is merely a large piece of a much bigger
multilateral
problem: the US had bilateral merchandise trade deficits with 102 countries in 2017.
Given the extent of America’s
multilateral
problem, this is largely a meaningless objective, especially in light of the massive and ill-timed tax cuts and federal expenditure increases that the US has enacted in the last six months.
That points to rising balance-of-payments and
multilateral
trade deficits, which are impossible to resolve through targeted bilateral actions against a single country.
Even if the stars were in perfect alignment and the US was not facing a saving constraint, it stretches credibility to seek a formulaic bilateral solution to America’s
multilateral
problem.
In the end, any effort to impose a bilateral solution on a
multilateral
problem will backfire, with ominous consequences for American consumers.
The Trump deal would shift the Chinese piece of America’s
multilateral
imbalance to higher-cost imports from elsewhere – the functional equivalent of a tax hike on American families.
Internationally, Europe likes
multilateral
arrangements, whereas America prefers to go it alone.
Even so, scaling-up
multilateral
support will require a massive overhaul of international finance.
Meanwhile,
multilateral
and national development banks should increase funding for climate-related investments, shift resources away from projects that imply a large carbon footprint, and coordinate stakeholders and investors, so that risks can be mitigated and private-sector finance can be attracted.
Earlier this year, the 65-member Conference on Disarmament—the forum that produces
multilateral
disarmament treaties—broke a deadlock and agreed to negotiations on a fissile material treaty.
Universal membership in
multilateral
treaties is key, as are regional nuclear-weapon-free zones and a new treaty on fissile materials.
As for Trump, Macron’s disagreement with him mostly concerns
multilateral
issues.
Unfortunately, the standoff on global policy coordination during the recent International Monetary Fund/World Bank meetings may be a demonstration of the limits of
multilateral
surveillance and international coordination.
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