In the context of global economic governance, the 'Bridgetown Initiative' is associated with:
A.Proposals to reform the international financial architecture to better address climate vulnerability and development needs of small and vulnerable states
B.Only bilateral aid without systemic reform
C.Only monetary-policy coordination among advanced economies
Explanation:
The Bridgetown Initiative, championed by Barbados, calls for major reforms of the global financial system—including debt relief, new liquidity instruments and scaled-up climate finance—to meet the needs of climate-vulnerable developing countries.
Explanation:
HDI is a composite measure of development (health, education, income). Gini coefficient, Lorenz curve and Theil index are specific measures of inequality.
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