The Price of Globalist Unilateralism
December 19, 2008
ASEAN may go ahead with once-scrapped plans to create an Asian Monetary Fund as an alternative to the IMF.
Seems to me like a redundant effort that only makes sense given the extent to which the IMF does not respond effectively to the needs of the majority of its member states.
Multilateralism falls apart if you don’t cultivate it in good faith.