Diktats & formats? Paulo Nogueira Batista, former executive director at the IMF

The ability to forecast and steer global development in its favor has long been one of the West’s competitive advantages, allowing it to ride a wave of ever-increasing influence until 2009, when the global financial crisis pushed the US to convene the G20 to split the damage, and unintentionally push the BRIC leaders to come together for the first time – to advance the common good. Fifteen years on, which format looks more viable? To discuss this, Oksana is joined by Paulo Nogueira Batista, a Brazilian economist and former executive director at the International Monetary Fund.

This interview was held on the sidelines of the 21st Annual Conference of the Valdai Discussion Club in Sochi.

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