Member Views

Lessons from the Paris Summit for a New Global Financing Pact

BWC member Hung Tran writes for the Atlantic Council that the results of the Paris summit "show that it is useful to maintain pressure on governments and international organizations to deliver on their pledges and commitments to various initiatives, as well as to agree to new ones to help DLICs."

Lessons of the FTX Collapse

The collapse of FTX in many ways is an example of the problems associated with a weakly regulated financial enterprise, as much as it is a demonstration of the problems associated with crypto finance in its current state. 

As a financial enterprise, the bankruptcy of FTX shows the major failings that can arise in an organization with an exceptionally weak governance structure as regards internal financial controls, record-keeping and the oversight of an independent board of directors. There also appear to have been shortcomings in the scope and scrutiny of its outside auditors.

Libya, Morocco calamities blot investor glimmer

The coincidental natural disasters in Morocco and Libya captured global headlines with their near biblical ferocity, wiping out entire towns without warning and historical experience, but also came as the neighbours were again drawing in foreign portfolio and direct investors after bumpy political and economic rides last year.

Linda Goldberg

BWC’s newest member is Linda Goldberg, Senior Vice President in Financial Intermediation at the Federal Reserve Bank of New York. Linda brings her great expertise in the areas of global banking, international capital flows, and the international roles of the dollar and other currencies to our network.

Liz Bronder

The Bretton Woods Committee is pleased to welcome new member, Liz Bronder.

Liz has extensive experience in sustainable finance, multilateral development, and impact investing. With a background spanning Goldman Sachs and Morgan Stanley, she holds an MBA from INSEAD and a BSc in Applied Math from Yale, demonstrating a commitment to leveraging technology for nonprofit advancement.

Lola Adekanye

This week we would like to welcome new member Lola Adekanye, program director at the Center for International Private Enterprise.

Lola leads the business integrity and anti-corruption programs in Africa, and she works on a diverse portfolio that spans twelve countries and is leading the launch of a global due diligence product designed to standardize compliance for SMEs across Africa.

Look Out America, Here Come the Bond Vigilantes

BWC chair Bill Dudley says, "if US officials don’t do something about the government’s fiscal problems, the bond market will."

Loss of Investor Confidence and the Banking Crisis

Central banks should become "more flexible in their interest rate decisions to calm down equity markets," while at the same time communicating "their commitment to bring inflation under control over time," argues BWC member Hung Tran.

Low-Income Countries Need a Boost for the Recovery. Here's How the IMF Can Step Up

Most observers gave the IMF high marks for its initial response to the COVID-19 crisis. It responded quickly with emergency financing to 86 countries, including a fivefold increase in its concessional lending to low-income countries (LICs).

Macroeconomics of Split US Election

As of Friday morning, despite Joe Biden being up a convincing 4m votes in the presidential election, America – and the world – incredibly is anxiously awaiting the declaration of a winner, due to the inimitable electoral college.