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Can multilateral cooperation coexist with great-power rivalry? EJINSIGHT


Three important recent initiatives from US President Joe Biden’s administration illustrate America’s reengagement with the world and support for inclusive global multilateralism. The big question now, with the United States again seeking to play an international leadership role, is whether such cooperation can work – and how China will react to the US proposals, given rising bilateral tensions.
The first major initiative was US Treasury Secretary Janet Yellen’s call for a new $650 billion issuance of special drawing rights (SDRs, the International Monetary Fund’s reserve asset) – something that President Donald Trump’s administration had blocked.
Details of the plan, which has been endorsed by the G20 finance ministers and central bank governors and the International Monetary and Financial Committee, are still to be worked out. It would not only involve a record new $650 billion SDR issuance to countries in proportion to their IMF quotas. It also calls on cou ....

United States , France General , Janet Yellen , John Kerry , Donald Trump , Vladimir Putin , Kemal Dervi , Joe Biden , International Monetary Fund , Administrator For The United Nations Development Program , Economic Affairs Of Turkey , International Monetary , Asian Infrastructure Investment Bank , Brookings Institution , Financial Committee , Secretary Janet Yellen , President Donald Trump , Growth Trust , Chinese Led Asian Infrastructure Investment Bank , Financial Times , Chinese President Xi Jinping , Presidential Envoy , Climate John Kerry , President Vladimir Putin , United Nations , Economic Affairs ,

The decarbonization paradox EJINSIGHT - ejinsight.com

The decarbonization paradox EJINSIGHT - ejinsight.com
ejinsight.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from ejinsight.com Daily Mail and Mail on Sunday newspapers.

France General , Willem Buiter , Kemal Dervi , Administrator For The United Nations Development Program , Brookings Institution , United Nations Intergovernmental Panel On Climate , Economic Affairs Of Turkey , United Nations Intergovernmental Panel , Climate Change , Nationally Determined Contributions , Economic Affairs , United Nations Development Program , பிரான்ஸ் ஜநரல் , ப்ரூக்கிங்ஸ் நிறுவனம் , ஒன்றுபட்டது நாடுகள் இடை அரசு குழு ஆன் காலநிலை , பொருளாதார வாழ்க்கைத்தொழில்கள் ஆஃப் வான்கோழி , ஒன்றுபட்டது நாடுகள் இடை அரசு குழு , காலநிலை மாற்றம் , பொருளாதார வாழ்க்கைத்தொழில்கள் , ஒன்றுபட்டது நாடுகள் வளர்ச்சி ப்ரோக்ர்யாம் ,