BWC Blog | The Bretton Woods Committee

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Media	Title	Date
	Marjo Koivisto and Daria Taglioni: Circular Business in the Global Economy: Priority on Redesign Aside from accelerating decarbonization of industries, a key priority in the global economy today is to reduce the use of virgin materials. In discussions over the circular economy (CE), emphasis is usually put on “reusing” and “recycling”. Instead, for CE to grow sufficiently to avert the grim projections of the global economy running out of materials within decades, more pervasive change is needed. The notion that products and materials that depreciate slower are more valuable must be better internalized by their industrial and household consumers.	Wed, Feb 24, 2021
	Danny Leipziger: China Has a Unique Opportunity to Take the Lead on Emerging Market Indebtedness The current state of the global economy and the outlook for the next few years do not bode well for Emerging Market and Developing Economies (EMDEs). Many countries were overly indebted before the pandemic and additional borrowing, one of the few options available to them, will push many into the terrain of unsustainable debt. China’s joining the Debt Service Suspension Initiative of the G-20 is commendable; however, this action only deals with official debt held by poorer EMDEs.	Fri, Jan 15, 2021
	Ousmène Jacques Mandeng: Central Bank Digital Currencies: Reordering International Monetary Relations Financial technology seems set to have a major impact on monetary relations.	Wed, Apr 17, 2019
	Ousmène Jacques Mandeng : CBDC-50 Years After the End of Bretton Woods 50 years ago, the Bretton Woods system of fixed exchange rates came to a sudden stop. It seemed the end of an era of multilateral and rules-based monetary cooperation considered critical to facilitate international payments.	Wed, Aug 4, 2021
	James M. Boughton: Can We Expect a “New Bretton Woods”? As the world economy and its governance structure continue to evolve at an accelerating rate, calls for reform of multilateral institutions are growing louder.	Tue, Feb 5, 2019
	Danny Leipziger: Can the West Counter the BRI? It is no secret that the West is exceedingly uncomfortable with China’s Belt and Road Initiative (the BRI) and its role in building infrastructure in developing countries, and for good reasons. The terms of these investments by China’s parastatal banks are opaque and recent research reveals that contracts include non-disclosure covenants to keep them so. That said, it is China that is pouring the most money into infrastructure investments into Sub-Saharan Africa in particular in a way that no one else can match.	Thu, Jul 8, 2021
	Ousmène Jacques Mandeng: Bretton Woods—Why the dollar? The Bretton Woods Conference will celebrate its 80th anniversary this year. The conference can be seen to have formalised the role of the U.S. dollar as the dominant currency in the international monetary system. This remains so to this day as does the considerable controversy it produced.	Thu, Apr 4, 2024
	Randy Rodgers: Bretton Woods@75 and the 2050 Global Economy July 1, 2019 will mark 75 years since the United Nations Monetary and Financial Conference in Bretton Woods, New Hampshire in 1944. It is an understatement to say that the global economy has changed since the delegates of 44 nations gathered at Bretton Woods; yet, the changes of the past 75 years may pale in comparison to the economic transformations ahead.	Thu, Nov 29, 2018
	Gary Kleiman: Bretton Woods and Emerging Markets Investment: Toward A New Golden Age Both the Committee and emerging market investment field have been in existence for roughly half the period of the 75-year history of the Bretton Woods institutions.	Thu, Mar 14, 2019
	William Jannace: Bretton Woods 4.0 Finding New Relevance in a New World Order Institutions are products of their time, and essentially all have sell-by dates. They typically arise to meet a given challenge, and if proven durable become embedded in the fabric of their environment—at least, up to a point.	Tue, Feb 19, 2019