Navigating Global Finance and Development

This chapter explores the historical and evolving roles of major financial institutions like the World Bank and IMF in fostering development and addressing geopolitical shifts. It emphasizes the transition from traditional altruistic approaches to transactional partnerships, as well as the significance of strategies like blended finance and innovative investment vehicles in tackling emerging market challenges. The discussion critiques the potential risks of this new paradigm while underscoring the need for a rules-based system in international trade that aligns with the interests of developing nations.