The G7 returns to normalcy but not consensus
The June Leaders’ Summit was more aspirational than bold, calling for solidarity in responding more collectively to global crises and in dealing with climate change.

The British economist John H. Williamson, who coined the phrase “Washington Consensus” some 30 years ago, died recently. The assembly of free market, fiscal discipline, deregulation, flexible exchange rates, and trade liberalization ideas that encompassed the Washington Consensus, long an anchor...
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