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Quote by Mark Carney

“The multilateral institutions on which the middle powers have relied – the WTO, the UN, the COP – the architecture, the very architecture of collective problem solving are under threat. And as a result, many countries are drawing the same conclusions that they must develop greater strategic autonomy, in energy, food, critical minerals, in finance and supply chains. And this impulse is understandable. A country that can't feed itself, fuel itself or defend itself, has few options. When the rules no longer protect you, you must protect yourself. But let's be clear eyed about where this leads. A world of fortresses will be poorer, more fragile and less sustainable.”

Quote by Mark Carney

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Mark Carney
Mark Carney

Mark Carney is a distinguished economist and public official who served as the Governor of the Bank of Canada. Born on March 16, 1965, he has made significant contributions to the field of economics and finance. more

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