Global Economic Governance

Global economic governance refers to the systems, policies, and institutions that guide international economic cooperation and decision-making. It involves countries working together to manage global economic issues such as trade, finance, and development. Key players include organizations like the International Monetary Fund (IMF) and the World Bank, which help promote stability and growth. Effective governance aims to create a fair and sustainable economy, addressing challenges like poverty and inequality while managing risks like financial crises. By fostering collaboration, global economic governance seeks to ensure that economic benefits are shared and that challenges are met collectively.