“America always does the right thing, after exhausting all other possibilities.” Those words, attributed to Winston Churchill, perfectly capture what finally transpired late last week, when the U.S. Congress finally passed a series of supplemental defense spending bills earmarking military aid for Ukraine, Israel and Taiwan.
For decades, Panama has enjoyed relative economic prosperity and political stability compared to its neighbors. But after years of simmering popular discontent that culminated in massive protests last year, and amid political uncertainty ahead of an upcoming presidential election, its economic prospects look grim.
The agenda for global development, including its governance and architecture, clearly needs change. Yet, making sense of our development architecture in today’s context is a complicated matter: Global development faces a range of complex, interconnected challenges that must be tackled in a rapidly changing world.
