Multilateral
in sentence
1507 examples of Multilateral in a sentence
First, America’s trade deficit is multilateral: the US ran deficits with 88 nations in 2010.
A
multilateral
imbalance – especially one that it is traceable to a saving shortfall – cannot be fixed by putting pressure on a bilateral exchange rate.
Yet despite being one of the main beneficiaries of the post-World War II open and
multilateral
trading system, Japan stands out as a retrograde mercantilist state.
From Pivot to Stumble in AsiaDENVER – US President Donald Trump blew off two
multilateral
summits in Asia this month.
In this sense, it is important to stress the work of the World Trade Organization, the best
multilateral
forum that the world has for resolving trade disputes.
Had the UK not acted to avoid such a scenario it would have lost the most, especially if it had ended up relying on a crumbling
multilateral
trade system to ensure access to foreign markets.
In practice, this would mean that if Greece, say, were to have to restructure its debt once the bonds had been issued up to the limit, it would presumably service these bonds (which essentially represent official
multilateral
debt) in full, with private lenders bearing all the losses.
Just as terrorists have created a kind of
multilateral
offensive, the countries that they threaten must construct a
multilateral
defense.
Furthermore, its financial structure enables it to be more autonomous, self-sustaining, and resilient than most other
multilateral
institutions.
Unless multipolarity is met with an efficient
multilateral
approach, problems like Syria’s civil war will become much more frequent – and more difficult to resolve.
Since the radical anti-establishment Syriza’s election in Greece almost two years ago, voters seem to have taken to the idea of national governments standing up to supranational and
multilateral
organizations such the European Commission and the International Monetary Fund.
But make no mistake: despite its less-than-constructive role in
multilateral
efforts, China is not just sitting still on energy and environmental issues.
What is at stake are both the lives of thousands of civilians and the enduring effectiveness of the
multilateral
system, by which these norms have been agreed and mechanisms to enforce them established.
Trump’s incoming administration is full of unknowns, but there can be no doubt that his rejection of
multilateral
institutions will endanger international efforts to cooperate on solutions to the world’s biggest problems.
To justify his tariffs, Trump points to America’s bilateral (or multilateral) trade deficits with its trading partners.
Over the past 70-odd years, the GATT/WTO system has developed into a
multilateral
arrangement whereby the same rules apply to all countries alike.
No other
multilateral
body has such a mechanism.
There are many ways that the
multilateral
system could be improved, of course.
From the governance of
multilateral
organizations to the design of financial services, the global infrastructure was seen as favoring Western interests.
With their trust in bilateral assistance and
multilateral
institutions such as the International Monetary Fund shaken, emerging-market economies – led by those in Asia – embarked on a sustained drive toward greater financial self-reliance.
Multilateral
institutions, particularly the IMF, have responded by pumping an unfathomable amount of financing into Europe.
But doing so requires more than just better national policymaking in Europe and America; it is also time for urgent and deep reform of the
multilateral
system and its main institutions.
If countries are not adequately represented, international economic coordination will return by default to the
multilateral
institutions where it made little progress in the years that led up to the crisis.
So, as world leaders convene at the G-20 and other forums in the coming weeks to discuss the economic crisis, stimulus plans, financial regulation, and development, the fight against corruption should remain a full part of the
multilateral
agenda.
Governments, with the support of the international community and
multilateral
institutions, would benefit from increased stability, and increased investment, by cleaning up their acts.
It is therefore important that
multilateral
institutions like the ADB do not shy away from it.
Rather, it has taken topics one at a time, seeking to reach consensus separately on each: the completion of efforts undertaken by the 2010 South Korean presidency to strengthen
multilateral
liquidity-provision schemes; the strengthening of
multilateral
surveillance; the appropriate use of capital controls; and a change in the composition of the basket of currencies that comprise the International Monetary Fund’s Special Drawing Rights, a unit of account that was once expected to evolve into a global store of value.
A truly
multilateral
system, organized around a quasi-global currency and centralized management of global liquidity, remains a possible outcome, but not the most likely one.
Capital flight stems from myriad causes: debt servicing, the awarding to foreign firms of almost all contracts financed by
multilateral
lenders (and exemptions from taxes and duties on these goods and services), unfavorable terms of trade, speculation, free transfer of benefits, foreign exchange reserves held in foreign accounts, and domestic private capital funneled abroad.
One presupposes the other, requiring vigorous defense of the EU’s interests and views in bilateral relationships with strategic partners and in
multilateral
fora, such as the United Nations, the World Trade Organization, the G-20 and the G-8/G-7.
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