International Council |
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The International Council of the Bretton Woods Committee is comprised of leading private sector representatives and other senior officials acting in their private capacity. The International Council's mission is to provide advice, support and constructive criticism to the management of the multilateral financial institutions. The Council is founded on the premise that development, international financial stability and trade liberalization are enhanced by a close working partnership between the private sector and multilateral institutions.
Members of the International Council come from around the world, including developing and developed countries of Europe, Asia, Africa and the Americas. Council members share the common belief that international economic cooperation is essential and best served through strong and effective multilateral institutions.
Council members convey their ideas and concerns on the future direction of the multilateral institutions to the multilateral institutions and occasionally to member governments.
The Council meets annually at the time of the IMF and World Bank meetings either in Washington or the host country abroad. Between meetings, the Secretariat of the Committee provides periodic updates on policy developments and invites Council members' comments on issues of particular interest or concern.
As World Bank president Paul Wolfowitz said at the 2005 International Council luncheon, the multilateral institutions need and welcome outside advice and guidance and they count on the Committee's International Council for help.
Objectives
The International Council seeks to:
- Share the common belief that international economic cooperation is essential and best served through strong and effective multilateral institutions;
- Provide advice, support and constructive criticism to the management of the multilateral financial institutions;
- Enhance a close working partnership between the private sector and multilateral institutions; and
- Convey ideas and concerns on the future direction of the multilateral institutions to the multilateral institutions and occasionally to member governments.
Program
The International Council arranges:
- Meetings annually at the time of the IMF and World Bank meetings alternating between Washington, DC and host country abroad.
Membership
Members of the International Council come from around the world, including developing and developed countries of Europe, Asia, Africa and the Americas. Council members share the common belief that international economic cooperation is essential and best served through strong and effective multilateral institutions. Council members convey their ideas and concerns on the future direction of the multilateral institutions directly to the institutions and occasionally to member Governments.
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