Member Views

Dedollarization is not just geopolitics, economic fundamentals matter

The Bretton Woods Committee is pleased to Member Spotlight a recent article by Hung Tran published by the Atlantic Council. The work discusses how emerging markets aim to reduce reliance on the US dollar in global transactions due to geopolitical concerns, with private firms influenced by incentives, such as cheaper renminbi financing, contributing to the dedollarization trend, highlighting the growing use of local currencies in cross-border payments.

Geopolitics and the Geometry of Global Trade

The Bretton Woods Committee is pleased to Member Spotlight a recent report by our BWC organizational member, McKinsey Global Institute. The report highlights how global trade is evolving, urging business leaders to prepare for uncertainties through strategic planning and cooperation.

According to the report, "More shifts are likely and businesses need to be aware of the potential trade-offs of different paths ahead."

U.S. and China in a New World Order

The Bretton Woods Committee is pleased to Member Spotlight Paul Sheard and his recent guest appearance on Polaris-Live.com where he spoke with Sarwar Kashmeri concerning US-China relations and broader implications for future economic development.

How will ‘friendshoring’ impact global trade in 2024?

The Bretton Woods Committee is pleased to Member Spotlight Hung Tran's recent interview with The Banker for a new article titled "How will ‘friendshoring’ impact global trade in 2024?" 

According to the article, "Trade costs are expected to rise as political proximity increasingly trumps commercial convenience for the US and China."

Caxton Associates

This Member Monday we welcome new organizational member, Caxton Associates.

Caxton is a global macro hedge fund that utilizes a blend of rigorous market analysis, macroeconomics, politics plus policy, and company assessments to craft portfolios achieving a balance between exceptional returns and resilience.

We appreciate their commitment and support, and we look forward to their engagement with The Bretton Woods Committee. 

Richard Farber

This Member Monday we welcome new member Richard Farber, Former Alternate Executive Director for the International Monetary Fund.

Richard has served as a US representative on the Executive Board of the IMF. With over 35 years of profound expertise in capital markets and portfolio management, he is currently a Professor of Finance at Johns Hopkins University SAIS.

We appreciate his commitment and support, and we look forward to his engagement with The Bretton Woods Committee. 

HRH Ambassador Ossai Ifeanyi, PhD

This Member Monday we welcome new member UN-PEPOLAC Ambassador HRH Ossai Ifeanyi.

HRH Ambassador Ossai Ifeanyi, Ph.D., serves as a UN Ambassador for World Peace at the United Nations Peace and Positive Living Awareness Centre, dedicated to promoting the UN General Assembly’s declarations, programs, and SDGs.

We appreciate his commitment and support, and we look forward to his engagement with The Bretton Woods Committee. 

China’s Big Gamble in the South China Sea

The Bretton Woods Committee is pleased to Member Spotlight Hung Tran's recent article in The Diplomat discussing the escalating tension between China and the Philippines over their sovereignty dispute concerning the Second Thomas Shoal in the South China Sea.

According to Tran, "Heightened China-Philippines tension around Second Thomas Shoal could escalate to military skirmishes – and that’s a chance Beijing appears willing to take."

Africa stock markets plot depreciation/inflation escape

The BWC is pleased to Member Spotlight Gary Kleiman's recent article with bne IntelliNews discussing the performance of various African frontier stock markets in the past year.

According to Kleiman's article, "Last year African frontier stock markets on the dollar-denominated MSCI benchmark index, where the majority reside, were an overall losing proposition – with the region sub-index the only decliner at 7% versus the composite up by the same percentage."

Decarbonizing the Economy – the Record of Chile vs. the World

The following blog post is in reference to the piece, "Energy in Transition in Unsettled Times by Miguel Schloss published in the Global Journal of Science Frontier"