Member Views

May FOMC Meeting Could Be a Relatively Quiet Affair

"Jerome Powell may be able to approach the meeting without the usual degree of media maelstrom and market apprehension", writes BWC member Mark Sobel. "Enjoy it while it lasts," he says, though, especially as the looming debt ceiling date approaches.

How China Can Learn from Mistakes in US Oversight

BWC vice-chair William Rhodes argues that "regulatory oversight of regionally significant firms is maintained, not weakened" and that "we should remember the late Paul Volcker’s maxim that a central banker is a supervisor, not a bankers’ friend."

In Defence of the IMF

"It is precisely at a time of deep divisions that a multilateral convening place is needed badly. With its 190 member countries, the IMF serves that purpose. Its members today are asking more from the institution, not less." - BWC vice-chair John Lipsky

The Root Causes of Geopolitical Fragmentation

BWC member Hung Tran writes that the way to address economic and geopolitical fragmentation is to "address domestic challenges and build more inclusive economies in order to create the necessary internal political support for international cooperation."

The Future of Energy

BWC member Jason Schenker recently appeared on BNN Bloomberg to discuss the future of energy.

Reducing Chip Supply Risks

In his latest post, BWC member Warren Coats acknowledges that reliance on foreign manufacturing "for our most advanced chips is an economic and security risk" the US should reduce, and he explores which are better and which are worse ways to reduce such risk.

The Power of Money

BWC member and economist Paul Sheard has written a new book called The Power of Money: How Governments and Banks Create Money and Help Us All Prosper.

You can pre-order it now, and in the US it will be released on May 9th.

Aligning Interests or Precipitating Energy Transition

BWC member Miguel Schloss wrote in the Global Journal of Science Frontier Research a new paper titled Aligning Interests or Precipitating Energy Transition. "The time has come to reset the role" of multilaterals, particularly the IMF and the World Bank.

Tim Goodell

BWC would like to welcome new member Tim Goodell, managing director and head of institutional investor sales at BBVA, where he oversee a New York-based fourteen person institutional investor sales team. They trade foreign exchange, derivatives, and local and external debt of Latin American and Turkish issuers. ESG is also a key focus of the team, which also trades Iberian and US corporate and government bonds with clients in the USA and Canada.

The Bretton Woods Institutions in a Changing World: A Call for Increased EMDC Involvement in Global Crypto Governance

The world has changed dramatically since the Bretton Woods institutions were created in the wake of WWII to promote international cooperation and multilateralism in a bid to ward off future conflicts.  The institutions created at this historic gathering ushered in an era of unprecedented peace and security, and global economic growth for 60+ years.  They have adapted well over the decades to meet ever more complex challenges, including launching annual G20 meetings with significant emerging markets participation, following the 2008 financial crisis.