The global financial architecture refers to the intricate network of institutions, regulations, and mechanisms that govern the flow of capital, investments, and financial transactions across international borders. It plays a pivotal role in shaping the global economy and influencing economic growth, stability, and development. Over the years, the global financial architecture has undergone significant transformations in response to evolving economic realities, technological advancements, and policy changes. This essay delves into the structures and transformations of the global financial architecture examining its key components and the driving forces behind its evolution.
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