On Monday 28 August in Paris, French President Emmanuel Macron said that it was necessary to “take risks” in order to propose a reform of international governance – “in particular the IMF and the World Bank” – which is suffering from a “crisis of representation”.
Keen to get the under-represented emerging countries more involved, he indicated that he would propose to his European counterparts that they “work on new formats with India, Brazil and South Africa”.
According...