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To: elmatador who wrote (105673)4/20/2014 6:15:56 AM
From: Haim R. Branisteanu  Read Replies (2) | Respond to of 217661
 
Ukraine crisis shows global governance is in a mess, and the West knows why
The crisis surrounding Ukraine shows that global governance is in a mess, but events there are merely a symptom of something larger.

My visit to Washington for the spring meetings of the International Monetary Fund and World Bank set me wondering whether western democracies are much guiltier than we are prepared to admit.

These meetings took place against the surreal background of the US Congress having failed to pass a bill allowing the IMF to reform in the way that was agreed back in 2010 – a strange decision, as the planned changes to the fund were led by the then-US Treasury Secretary, Tim Geithner.

http://www.telegraph.co.uk/finance/comment/10775158/Ukraine-crisis-shows-global-governance-is-in-a-mess-and-the-West-knows-why.html