ABSTRACT
This conclusion presents some closing thoughts on the key concepts discussed in the preceding chapters of this book. The book argues that in a highly integrated global economy, financial crises are impossible to avoid and, given their complexity, difficult to correct. It concentrates on the effectiveness of multilateral organizations (MOs) in implementing the commitments made by the Group of Eights (G8). The book focuses on the International Monetary Fund (IMF) and the World Bank, and should the G8 play the role of a directoire for the MOs. It explains why the annual G8 meetings have become the defining moment in the annual global economic and political calendar. The book reviews the commitments made by the G8 toward, and details how the Commonwealth, along with other MOs, can help. It argues for the quick conclusion of the Doha round of trade negotiations. The book analyzes the trade and environment issues that have evolved into sustainable development in the global trading system.
