The Working Group is addressing how the multilateral system can be strengthened to address 21st century global challenges.
The Working Group is preparing recommendations to improve the sovereign debt resolution architecture and to prevent future crises.
This Working Group will seek to address a range of topics and trends impacting the future of finance.
The BWC Blog aims to help global leaders envision how to evolve and strengthen the multilateral financial system and encourage policymakers to strengthen international economic cooperation.
BWC member McKinsey Global Institute published new research that looks at what it would take to raise minimum living standards and get on a net-zero path—in this decade.
They assesses the extent to which accelerated growth and innovation can further these ambitions.
BWC chair William C. Dudley writes on the Federal Reserve updating their Summary of Economic Projections soon, which haven't been "consistent with the soft landing that many in markets are already predicting, so any changes will be significant."
BWC member Hung Tran writes that it's hard enough "to outline a strategy that addresses all three pillars - defeinse, resilience, and sustainability - but as Germany illustrates, it's even harder to mobilize the financing and domestic support to put that strategy into action."
BWC member Paul Sheard was interviewed on a recent CFA Society New York Compound Insights episode, "What Does the Monetary Path Forward Hold for China, Russia and