Member Views

Prestige Economics' Schenker on FX, Commodities

The Bretton Woods Committee is pleased to Member Spotlight Jason Schenker, President at Prestige Economics, as he discusses his outlook for the FX and commodity markets with Haidi Stroud-Watts on "Daybreak Australia".

Prestige Economics' Schenker on US Jobs

Jason Schenker, president and chief economist at Prestige Economics, discusses the latest jobs data out of the US and outlook for emerging market bonds. He speaks with Bloomberg's Kathleen Hays and Haidi Stroud-Watts on "Bloomberg Daybreak: Australia." (Source: Bloomberg)

Proposal for an IMF Staff Executive Board Paper on Promoting Market SDRs

Few initiatives would be more in keeping with the spirit and goals of the Bretton Woods Committee than the development of wide spread use of a truly international currency—the IMF’s SDR.

Protecting Bank Deposits

BWC member Warren Coats: "The cost of the Chicago Plan... is the need for banks to fund their credit operations with equity or long-term debt, rather than with potentially volatile deposits. We should move to the Chicago Plan and fully separate money from credit."

Prudential plc

Lastly this week we welcome new member Prudential plc.

Prudential provides life and health insurance and asset management to over eighteen million customers in Asia and Africa.

We appreciate their support for our work and mission, and we look forward to their engagement!

Putin Clipped The G7's Summit Commitments

Vladimir Putin might as well have been present at the G7 Leaders’ Summit in Bavaria’s Schloss Elmau in June. While the communiques issued at these annual events rarely make for exciting reading, the one choreographed by the Germans this year declares commitments marked by mild ambition, a dearth of concreteness, and few goals whose attainment can be easily measured.

QE and the Central Bank Hangover that Just Won’t End

BWC member Hung Tran was interviewed by Politico Europe recently. "'What happened... was clearly a case of the Fed overdoing it'... and the Fed made things worse... when it adopted the practice of targeting average inflation spanning the past and future."

Rajesh Swaminathan

This week we welcome new member Rajesh Swaminathan, general counsel & partner at Jasper Ridge Partners.

Rajesh oversees legal, compliance, tax, and human resources. Previously he was senior managing director and general counsel; regional general counsel for Europe, Middle East and Africa; and assistant general counsel in the alternative investments business at PineBridge Investments.

He has also been in private practice in the New York and Washington, DC offices of Cadwalader, Wickersham & Taft, LLP; Steptoe & Johnson LLP; and Davis Polk & Wardwell LLP.

Recovery Requires Greater Cooperation: Come Together

The coronavirus threatens thousands, possibly millions of lives across the globe. It is first and foremost a health crisis and the disease must be beaten, and the curve of Covid-19’s spread must be flattened for our lives to return to something approaching normalcy.

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.