Not Banking on Banga
Banga needs to help the World Bank bring an end to the debt crisis and create real pathways for debtor countries to build resilience to climate change and volatility in the global economy.
World Bank
Apartheid in the Global Governance System
Ultimately, the voting system at the WB/IMF contributes to the perpetuation of global inequality. The system ensures that the very countries that became rich by plundering the global South during the colonial period are now, by dint of their plunder, empowered to determine the rules of the global economy in their own interests, indefinitely. Inequality begets inequality.