For decades, the dollar-centric International Monetary and Financial System (IMFS) has entrenched global inequality, caused debt crises, and driven ecological harm - but a better IMFS is possible.
Together, the panel unpacked the injustices of the current IMFS, explored the key themes of the report, and shared how we can build a more multi-polar world for economic and climate justice.
And it couldn’t be more timely, John. With new digital payment systems and currencies springing up in Brazil, Russia, India, China, and South Africa - against a backdrop of ever-growing and crippling debts for countries in the Global South, we need a movement to address economic and climate justice on a global scale.
“Groundbreaking, daring and very useful for everyone in the space of monetary reform” - this was how one panellist described Positive Money’s new report. It’s your support that helps us produce pioneering research like this.
Thank you so much,
Kate, Positive Money
Notes:
[1] BBC News: Trump threatens 100% tariff on Brics nations if they try to replace dollar