Publication

This paper describes how the governance structures of the International Monetary Fund, World Bank and World Trade Organization are distinct, although the meetings of the leaders of the G-7 industrial countries provide an opportunity to forge coherence. The author details how sometimes heads of other countries are invited to meet on the fringes of such summits, but that such consultations are hardly negotiating forums. The paper therefore explains why such political patterns are no longer tenable, and in turn outlines how to go about building a more representative structure of global trade and financial governance.