Globalization offered success, but lacked environmental criteria and social justice, says Galípolo

by Andrea
0 comments

According to the future president of the Central Bank, ‘the world is at a bifurcation regarding global financial architecture’

Lula Marques/ Agência Brasil
Galípolo highlighted, “some leaders want to deglobalize, denationalize, pointing the blame at others”

The current director of monetary policy and future president of , , said this Friday (15) that the world is faced with a “bifurcation” in relation to the global financial architecture, a point of discussion in international forums, such as . According to Galípolo, the globalization process offered success in terms of trade and wealth generation, but this success would have been lacking in terms of social justice and the environment. “The world finds itself at a fork in the global financial architecture. Some leaders want to deglobalize, denationalize, pointing the blame at others. But there is another aspect, which is Brazil, which wants to reglobalize.” “The proposal of the new global architecture, which Brazil supports, is that it is not satisfactory to deglobalize, but rather to discover how to advance (in globalization) with other parameters, which look beyond trade and finance, to environmental sustainability and social justice”, continued.

*With information from Estadão Conteúdo
Published by Matheus Lopes

source

You may also like

Our Company

News USA and Northern BC: current events, analysis, and key topics of the day. Stay informed about the most important news and events in the region

Latest News

@2024 – All Right Reserved LNG in Northern BC