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Title:
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New global financial architecture takes shape
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Author:
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Joseph Chinyong Liow
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Source:
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The Straits Times
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Date:
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October 10, 2017
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Description:
- The declining influence of Western-dominated institutions such as the IMF and World Bank has led to the rise of regional alternatives like the AIIB. They will likely complement each other to provide global 'public goods'.