Joaquim Levy

On the 80th anniversary of the International Monetary Fund and the World Bank, we should reflect on what these Bretton Woods institutions have achieved since World War II

Over the last few decades, globalization ushered in an unparalleled period of economic growth that helped reduce global inequality and create new opportunities for economic development. Nearly 1.1 billion people have been lifted out of extreme poverty since 1990, reducing their share of the global population from 35% to under 10%, according to recent estimates