Developing countries should have a greater say in global economic policies from "summary" of Globalization and Its Discontents by Joseph E. Stiglitz
It is imperative to address the issue of developing countries having a limited voice in global economic policies. The current system is heavily skewed in favor of the developed nations, with institutions such as the International Monetary Fund and the World Bank being dominated by a few powerful countries. This imbalance leads to policies that often do not consider the unique circumstances and needs of developing nations. Developing countries are often forced to adhere to economic policies that are not tailored to their specific situations. These policies are usually crafted by developed nations, with little input from the countries that will be most affected by them. This lack of representation can result in policies that do not promote sustainable development or address the root causes of poverty and inequality. By giving developing countries a...
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