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What Venezuela Needs

The widespread electricity outages that hit Venezuela on Friday were yet another reminder of an already tragic situation that is getting worse by the day, taking the country ever closer to the line that separates a fragile state from a failed and collapsed one.

Trade Uncertainty Is ‘Not the Medicine That We Need

Carla Hills, former U.S. trade representative, discusses trade relations between the U.S. and China.

Virtual Cash Will Survive the Crypto Winter

The Bretton Woods Committee is proud to Member Spotlight BWC Chair William C. Dudley who recently authored a Bloomberg article on the capacity of CBDCs to make the financial system more useful to greater numbers of people and the need for international standard-setting.

“I believe they [CBDCs] still have ample potential to fulfil the promise of a more efficient and inclusive financial world. But their impact will likely be more evolutionary than revolutionary. CBDCs are coming, because they represent a big upgrade over money as we know it," said Dudley.

Former Citi Chair Rhodes on Threats to Global Recovery (Radio)

"Banker to the World" Bill Rhodes, former Chairman of Citibank and President and CEO of William Rhodes Global Advisors, on the threats to the global recovery. Hosted by Paul Sweeney and Matt Miller.

If Only We Knew the Problems Facing America's Banks

The Bretton Woods Committee is pleased to Member Spotlight BWC Chair Bill Dudley's recent opinion column with Bloomberg urging for "some well-placed transparency" in the US financial system.

According to Dudley, "The US has yet to fully address one of the greatest weaknesses revealed by last year’s failure of Silicon Valley Bank and other regional lenders: Supervisors saw the problems, but they failed to compel action before it was too late."

Surveillance: Recession Risk With Blanchflower (Podcast)

John Lipsky, Former IMF First Deputy Managing Director, says data integrity is central and critical to the IMF.

Covid Shows That Europe’s Fiscal Rules Are Outdated

Without a new fiscal regime, the bloc’s economic wounds may take far longer to heal.

Trichet Warns That U.S. Stimulus Could Be 'Overdone'

Former European Central Bank President Jean-Claude Trichet warns that President Joe Biden’s $1.9 trillion proposal could be a "little overdone" considering the economy is already growing "quite fast and rapidly."

US Calls for IMF Quota Reform to Support Vulnerable Nations

BWC member Hung Tran in Bloomberg:

"The move underscores US efforts to use the Washington-based institutions to counter China’s influence..."

“'This is... effort by the Biden administration to get traction, influence and friends in the Global South...'”

'Banker to the World' Rhodes on Biden's Big Challenges (Radio)

Bill Rhodes on Biden's strategy for China. Hosted by Paul Sweeney and Vonnie Quinn.