Multilateral
in sentence
1507 examples of Multilateral in a sentence
Only a
multilateral
settlement among all major actors can ensure a smoothly working global order – a cause advanced in late 2008, when the technical G-20 forum was quickly upgraded to a full summit in charge of global governance.
While a small portion of the project may be saved, the essential reality is that this is a unique failure in the history of
multilateral
trade negotiations, which have transformed the global economy since World War II.
Successful
multilateral
trade negotiations have significantly shaped the world in which we live and have dramatically enhanced the lives of millions of people.
The essence of the
multilateral
system consists in two principles: non-discrimination and national treatment.
Moreover, a
multilateral
framework for trade negotiations gave weaker states far more balanced conditions than they would face were they forced to negotiate bilaterally with the likes of China, the United States, or the European Union.
But its continued success depends ultimately on the credibility of the WTO itself; it will inevitably suffer collateral damage from a failure of
multilateral
negotiations.
In May 2011, Jagdish Bhagwati of Columbia University and I co-chaired a High Level Group convened by the prime ministers of the United Kingdom, Germany, Turkey, and Indonesia to attempt to move the
multilateral
process ahead.
Another alternative might be to advance
multilateral
negotiations among willing countries in specific areas, such as services, with other WTO members joining later.
The TPP, in particular, would not only offer a new approach to
multilateral
trade negotiations; it would also counter China’s growing influence in Asia.
Indeed,
multilateral
agreements are in place to minimize this risk, including at the International Monetary Fund and the World Trade Organization.
Worse, this process has not yet registered seriously on the
multilateral
policy agenda.
There are many reasons for this, ranging from the rather debilitated state of
multilateral
governance to the urgency of domestic issues currently commanding national policymakers’ attention.
The risk is that the phenomenon leads to widespread disruptions, as increasingly difficult national policy challenges stoke regional tensions and the
multilateral
system proves unable to reconcile imbalances safely.
Multilateral
institutions that served as pillars of German foreign policy for almost half-a-century have been weakened: the European Union's hopes for common foreign, security, and defense policies have been gravely jeopardized.
South Africa will now undoubtedly face all manner of bilateral and
multilateral
pressure from wealthy countries.
In order to help Central American farmers tackle this challenge, the Inter-American Development Bank (IDB) has partnered with two global coffee companies – Starbucks and ECOM – as well as other
multilateral
agencies and donors to devise a pragmatic, business-based solution.
Will China’s rise open up greater opportunities for
multilateral
cooperation?
The IMF has created an elaborate system of
multilateral
surveillance of major countries’ macroeconomic policies, including the “consolidated
multilateral
surveillance reports,” the spillover reports for the so-called “systemic five” (the US, the United Kingdom, the eurozone, Japan, and China), and the “external sector reports” assessing global imbalances.
In Bush’s second term, some of the most extreme unilateralists have departed from the government, and the president has approached difficult problems like North Korea or Iran with a more
multilateral
approach than during his first term.
The US ran trade deficits with 101 countries in 2016 – a
multilateral
external imbalance rooted in America’s chronic domestic saving problem.
Critics point to the string of economic crises in Africa, Asia, and Latin America in recent years, often attributing them to
multilateral
lenders' demands for full liberalization of foreign trade and capital flows, privatization, and fiscal austerity.
In exchange for more bilateral and
multilateral
financing, Russia now faces growing US military bases on its southern flank in Central Asia and the Caucasus, while NATO is poised to expand right up to our Western border.
Indeed, thanks to ongoing grants and future loans from national aid agencies and
multilateral
lenders like the World Bank, most of the poor “debtor” countries look set to receive considerably more money than they pay back, with no end in sight.
In international relations theory, “liberal internationalism” is characterized by the promotion of openness and order, and is enshrined in
multilateral
organizations.
A united EU can also help catalyze reforms that might reinvigorate ailing
multilateral
institutions, injecting them with new momentum.
To drive the point home, his regime has been refusing to attend
multilateral
talks.
This year, they will ask the world’s taxpayers to grant the World Bank and other
multilateral
development banks (MDBs) more capital to fill global infrastructure gaps.
To ensure that the money is there, the Education Commission is offering detailed proposals to reform the current global framework for funding education, and to bring
multilateral
development banks together to prioritize education and release new resources.
The G-20, which will hold its next summit in South Korea in November, pledged that
multilateral
cooperation and interdependence would guide the world out of crisis.
Not only is the EU over-represented in the G-20, but it also seems to have used the forum as a means of tapping into emergency funds to further its own interests, rather than as a genuine step towards broader and more balanced
multilateral
cooperation.
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