Multilateral
in sentence
1507 examples of Multilateral in a sentence
For now, increased engagement in
multilateral
institutions seems likely to change China more than it changes the institutions, even as China’s voting power increases to reflect better its growing contributions.
In fact, the reinterpretation amounts to little more than a tweak: Japanese forces can now shield an American warship defending Japan, but they remain prohibited from initiating offensive attacks or participating in
multilateral
military operations.
Moreover, the need for environmental and social safeguards in infrastructure investment is more likely to be addressed effectively within a
multilateral
framework.
Detractors ultimately fall back on the argument that
multilateral
lending to middle-income countries is waning along with demand.
While lending by the World Bank did fall below its mid-1990’s level, it is growing again, reflecting the expansion of regional
multilateral
banks and a policy pendulum that is swinging back to publicly-financed infrastructure projects.
At this point, resumption of
multilateral
or bilateral talks seems pointless.
Multilateral
institutions, empowered by their control over funding, dictated policy from the economic scriptures.
The Fed, led by perhaps the foremost monetary economist in the world, proposed creative solutions that few in policy circles, including the usually conservative
multilateral
institutions, questioned.
A recent report by the UN Secretary-General’s High-Level Panel, which we authored, identifies actions that governments, businesses, nongovernmental organizations, and
multilateral
development agencies can take now to close these gaps and accelerate progress toward achieving the SDGs’ overarching goal of inclusive economic growth.
Economic models show that a successful reduction of trade barriers like that foreseen in the ongoing Doha Round of
multilateral
trade talks could add $11 trillion to global GDP by 2030.
He has even spoken of pulling out of the World Trade Organization (WTO), the
multilateral
rules-based trading system.
Summits can be bilateral or
multilateral.
At a time when economists are being blamed for all sorts of disappointing outcomes, and
multilateral
institutions such as the International Monetary Fund and the World Bank are accused of failing to advise countries properly, it is refreshing to find that they may not be entirely useless after all.
Perhaps they will choose to build on and strengthen the existing
multilateral
regime, which has served them well in the past.
But if fair play is to be made global, European initiatives should be part of broader international efforts, involving both like-minded partners such as the United States and
multilateral
institutions.
The embrace of the Washington Consensus by
multilateral
institutions amplified its transmission, helping to drive forward the broader process of economic and financial globalization.
That is no coincidence; rather, it is the result of
multilateral
cooperation, and eight rounds of global trade negotiations, first under the GATT, and then under its successor, the World Trade Organization.
Even worse, a global trade war might jeopardize the
multilateral
trading system itself.
For example, while the Philippines was within its rights, according to UNCLOS, to internationalize its dispute with China over maritime jurisdiction within the West Philippine Sea (its name for the South China Sea), the benefits of calling for
multilateral
arbitration remain doubtful.
But, with Russia set to become a pariah, either pushed out of or withdrawing from global markets and
multilateral
forums, the days of BRICS summits and institutions, such as the group’s embryonic development bank, appear to be numbered.
The bottom line, though, is that Russia’s coming absence from the
multilateral
scene will be a catalyst for new thinking on global challenges.
In contrast to Europe – with its close-knit network of
multilateral
organizations through which states formulate and conduct much of their foreign policies – Russia is not accustomed to intensively cooperative international procedures.
That was the question I asked Chinese Finance Minister Lou Jiwei this week at the 15th annual China Development Forum, which brings together top Chinese officials and an international delegation of academics, leaders of
multilateral
organizations, and business executives.
Some worry that it could divert trade from non-member countries or undermine the moribund Doha round of
multilateral
trade negotiations (though 20 years ago, the North American Free Trade Agreement had the opposite effect, kick-starting the Uruguay round).
While regional groups may obtain some short-run benefits by pursuing narrower interests outside of
multilateral
channels, neither emerging nor advanced economies can fulfill their long-run potential in an environment characterized by isolationism and a zero-sum mentality in areas like trade and exchange-rate policy.
But only by giving emerging economies a real voice in global governance – thereby reducing the trust deficit and restoring legitimacy to
multilateral
institutions – can the global economy reach its potential.
That landmark
multilateral
treaty still represents the most important step forward to date in the global fight against climate change.
As for the peace process’s
multilateral
guarantors, the United States and its quartet partners – the European Union, the United Nations, and Russia – have failed to provide even the most basic facts regarding Israel’s withdrawal or how it relates to the “road map” agreed in 2003.
Maintaining and strengthening the pillars of Europe’s common defense is not a simple task; but
multilateral
security organizations like the OSCE are not made for easy times.
Thanks largely to
multilateral
bodies such as the United Nations, states very rarely go to war with other states (Russia’s brief war with Georgia in 2008 is an exception proving the rule).
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