World Bank, IMF Push to Consolidate Patchwork Approach to Coronavirus Crisis


In times of crisis, the world economy, decision-makers tend to gather in the G-20 summit and the biannual meetings of the International Monetary Fund and the World Bank to develop a global bailout. But not this time.

No personnel will travel to Washington, D.C. the meeting has been scheduled this week. On the contrary, the Minister of Finance and Governor of the Central Bank—just like most of the world residents the office will hold a meeting, trying to combat the worst global economic downturn since the Great Depression, by conference call…

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