By staying focused, working together, and acting decisively, they can still salvage the multilateral system. Ngaire Woods is dean of the Blavatnik School of Government at the University of Oxford.

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stripping the US of its ability to shape the rules of the international monetary order and pursue its strategic interests,” argues University of Oxford dean of government Ngaire Woods.

Ngaire Woods is dean of the Blavatnik School of Government at the University of Oxford. This article was distributed by Project Syndicate.

Ngaire Woods is dean of the Blavatnik School of Government at the University of Oxford. The views expressed are those of the writer and do not necessarily reflect those of FMT.