A CALL FOR CHANGE

■ The willingness of central banks to flush money into the global economy to limit downturns means other lenders, aside from the IMF, have enough surplus cash on hand to lend to strapped nations

■ Long-held beliefs like the single-minded focus on how much an economy grows, without regard to problems like inequality and environmental damage, are widely considered outdated

■ The preferred cocktail for helping debtridden nations — austerity, privatisation of government services and deregulation — has lost favour in many circles as punitive and often counterproductive