Member Views

These Reforms Can Help Stop Digital Bank Runs

"Reform is urgent, since banking crises can happen at any time and a possible recession is looming. At the same time, the Biden administration should proceed carefully, given the important ramifications of the measures in question."

There’s No Magic in How SDRs Help the Poor

A new SDR allocation would provide liquidity to many emerging and developing countries that today have severely limited access to external financing.

There’s a revealing puzzle in the China tariffs

On Monday, China announced new tariffs on $60 billion of U.S. exports, and the United States threatened new tariffs on up to $300 billion of Chinese goods.

The yen’s travails in an era of geopolitical rivalry

BWC member, Hung Tran, writes about the pressure that the yen, and other currencies, feel during a time of dollar strength and in the current geopolitical context. 

The World is Completely Connected

Afsaneh Beschloss was interviewed by John Donnelly for the IFC blog.

The World Bank & AI: Leveraging AI to Accelerate Global Investments for Economic Development and Climate Finance

Artificial Intelligence (AI) is at the core of the future of the global capital markets. The World Bank can capitalize on it by leaning in from a governance and operational standpoint to leverage AI to accelerate investments for emerging markets and developing economies (EMDEs).

The US Debt Ceiling Stalemate Threatens Money Market Funds—and Financial Stability

The "wrangling over the national debt ceiling has heightened uncertainty at the wrong time and is helping to raise the odds of a severe recession", writes BWC member Hung Tran.

It'll "exact an increasingly noticeable cost... for the whole economy."

The Unprecedented 2020 Bank and Fund Annual Meetings: Confronting Today’s Grave Double Crises

The October 2020 annual meetings of the World Bank and the International Monetary Fund were like none others. 

The United States vs. China: The Quest for Global Economic Leadership

China’s dramatic growth and its implications for the world economy have fueled new books at a pace commensurate with the subject

A recent wave includes an important book by Fred Bergsten, founder of the Peterson Institute for International Economics and an established Washington elder on global economics

The Strategic Case for U.S. Climate Leadership: How Americans Can Win With a Pro-Market Solution

In the United States, the case for greater action on climate change is typically made on environmental grounds. But there are equally compelling economic, geopolitical, and national security rationales for the United States to lead the world on climate policy.