Evolution of the IMF in the Global Financial System

David Lipton discusses the evolution of the IMF in the global financial system.

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North Korea

With renewed support from Russia and China, there are fears that a North Korean crisis is coming. In light of this, the trilateral security relationship among the United States, Japan, and South Korea has reached a new level of cooperation.

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The provincial and national elections on May 29 come amid waning support for the ruling African National Congress thirty years after South Africa transitioned to democracy.

Taiwan

In his inaugural address, Taiwan’s new president Lai Ching-te signaled broad continuity on cross-strait issues. China, however, is likely to respond with increased pressure.