The international financial architecture is heavily weighed against the Global South currently, India’s G20 Sherpa Amitabh Kant said on Friday, adding that the multilateral financial institutions should step up funding to the Global South as it has the potential to fuel global growth in the coming decades. The Global South refers to countries that are developing, less developed or underdeveloped.“In the next two decades, two-thirds of the global growth is going to come from the Global South. If Global South is going to drive the global economy, resources...
The international financial architecture is heavily weighed against the Global South currently, India’s G20 Sherpa Amitabh Kant said on Friday, adding that the...