Multilateral Institutions Quotes

What I think about derivatives is if every institution that owns or trades them is properly margined and marked to market, including end-users, including every institution, including sovereigns and multilateral institutions, then the system would be safe - if people were margined the way customers of investment banks are margined.

I think that all countries that participate in multilateral institutions see the institutions as a way of advancing what they view as their national interests and they see in many cases multi-lateral institution as the best way to do that.

If multilateral institutions cannot bring about peace and the rule of law because of the vested interests of their members, then both national democracy and global governance will continue to be rocked by crises.

We have not always been in sync on every issue in terms of our core values, in terms of her integrity, her truthfulness, her thoughtfulness, [Angela Merkel] doing her homework, knowing her facts, her commitment to looking out for the interests of the German people first, but recognizing that part of good leadership on behalf of the nation requires engaging the world as a whole, and participating effectively in multilaterally institutions, I think she's been outstanding.

The IMF and other multilateral institutions do not appear to have prevented nations from manipulating the value of their own currencies.

In fact UN is more of a galaxy of organisations and agencies than one machine.

From Nato to the U.N. and the E.U., the generation that lived through the first half of the 20th century knew they needed to create a new world order. An order with rules and institutions which, however imperfect, could act both as constraints on individual countries going rogue and as catalysts for co-operation for mutual benefit.

There is a certain tendency on the part of some Americans to treat the UN as a multilateralism à la carte where you pick and choose where it suits you and when it doesn't suit you, you pull back.

The fact is we're always going to be interwoven with the American economy, and that's why it's important to have a good, strong, constructive relationship with whoever the American President is and whatever administration it is, whatever their priorities. We will always work constructively together. But at the same time, Canadians expect us to stand up for our own values, to make our own choices, whether it's around climate or multilateral institutions, and that's exactly what we're going to keep doing.