In a new piece for OMFIF, BWC Advisory Council Member Mark Sobel reflects on the heightened uncertainty surrounding next week’s IMF and World Bank Spring Meetings. Amid a fragile ceasefire in the Middle East and ongoing disruptions in the Strait of Hormuz, he argues that these institutions remain as vital as ever. As they confront mounting shocks and challenges, the meetings come at a moment when multilateral cooperation is not just important, but essential.

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All views expressed by members are their own and not reflective of the views of the Bretton Woods Committee.