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BWC wants to hear its members’ take on how President Biden’s recent visit to Asia might shape Asian multilateral economic policy, and how might China respond to Biden's signature economic initiative for the region?
|Thu, Jul 21, 2022|
The recent WTO Ministerial Conference MC12 that concluded on June 17 has been hailed as an important achievement of the WTO, given its agreement on a number of substantive issues that have been under discussion for some time, as listed in the MC12 Outcome Document.
|Mon, Jul 18, 2022|
|Anna Breman and Stefan Ingves:
Last year, the members of the International Monetary Fund (IMF) approved an allocation of special drawing rights (SDRs) of USD 650 billion, the largest allocation in the history of the IMF. Since then, a new financing instrument at the IMF is being discussed, largely financed by these new SDRs.
|Fri, May 20, 2022|
|Kevin P. Gallagher:
In these times of information overload it is easy to overlook groundbreaking news. In the midst of the G7 walk out of the G20 meetings and subsequent inability of the International Monetary Fund to issue a communique at its annual meetings during a period of unprecedented economic uncertainty, US Treasury Secretary called for a fundamental reform of the international financial architecture. This is a major event for US policy, which is at the epicenter of the problem and the solution.
|Tue, Apr 26, 2022|
In our multicurrency world, the U.S. dollar is widely used for pricing internationally traded goods, for international payments, and for denominating the assets governments and companies hold as reserves. Why is that and what are its implications for U.S. behavior? What would a better system look like?
|Mon, Mar 28, 2022|
By: Herman Mulder, Former ABN AMRO Bank; co-initiator of the 2003 Equator Principles; Chair True Price, Impact Economy Foundation; Chair SDG Netherlands.
|Tue, Mar 8, 2022|
Small policy decisions and temporary fixes are often offered at the beginning of a conflict, but IFIs need to begin making larger reforms sooner instead of postponing them. This way, economic systems can heal holistically instead of receiving temporary band-aids.
|Thu, Mar 3, 2022|
About 5 days ago, on February 24, Russia illegally and without provocation and cause attacked the sovereign country of Ukraine. It is in everyone’s interest (with the exception of the military industrial complex) to end the fighting and establish a sustainable peace as quickly as possible.
|Mon, Feb 28, 2022|
|Ousmène Jacques Mandeng :
50 years ago, the Bretton Woods system of fixed exchange rates came to a sudden stop. It seemed the end of an era of multilateral and rules-based monetary cooperation considered critical to facilitate international payments.
|Wed, Aug 4, 2021|
It is no secret that the West is exceedingly uncomfortable with China’s Belt and Road Initiative (the BRI) and its role in building infrastructure in developing countries, and for good reasons. The terms of these investments by China’s parastatal banks are opaque and recent research reveals that contracts include non-disclosure covenants to keep them so. That said, it is China that is pouring the most money into infrastructure investments into Sub-Saharan Africa in particular in a way that no one else can match.
|Thu, Jul 8, 2021|