MINOUCHE SHAFIK is the director of the London School of Economics and Political Science. This article is based on her recent book, What We Owe Each Other: A New Social Contract
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IMF Podcasts are the views of the International Monetary Fund (IMF) staff and external officials on pressing economic and policy issues of the day. The IMF, based in Washington D.C., is an organization of 190 countries, working to foster global monetary cooperation and financial stability around the world. The views expressed are those of the author(s) and do not necessarily represent the views of the IMF and its Executive Board.
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