Member Views | The Bretton Woods Committee

Title	Article date	Article source
Laura Tyson and Harry Broadman: The Indo-Pacific Economic Framework and US-China Relations The eagerness driving the Biden administration’s launch of its Indo-Pacific Economic Framework (IPEF) is perfectly understandable: the U.S. needs to raise its game and systematically tap into some of the fastest growing economies in the world. Indeed, the countries participating in developing the IPEF are states that have “good bones”: rapidly rising incomes; a workforce that is young, well-educated, and eager to hone their skills; and governments who understand that “rule of law” begets investment.	Tue, Aug 9, 2022	The Bretton Woods Committee
Edwin M. Truman: The IMF Should Enhance the Role of SDRs to Strengthen the International Monetary System BWC member Edwin M. Truman on the role of the SDR in the international monetary system: "The SDR has proved itself as a crisis instrument." He proposes "regular annual SDR allocations, along with measures to make the SDR more attractive to critics."	Tue, Feb 21, 2023	Peterson Institute for International Economics
Mohamed El-Erian: The IMF is losing influence – and for that it must share the blame As politics turns ever inwards, the Fund must be quicker to admit its mistakes and implement reforms.	Wed, Nov 20, 2019	The Guardian
Anthony Elson: The Global Currency Power of the US Dollar: Problems and Prospects When the COVID-19 pandemic triggered a “risk-off” flight of capital in the spring of 2020, private investors and financial institutions turned to US Treasury bonds as the alternative “safe asset.” The retreat from financial markets was soon reversed, in part because of the Federal Reserve’s formidable response to the threat of a global financial collapse. Fifty years after President Richard Nixon cut the link between gold and the dollar reserves held by foreign central banks, the US dollar continues to play a predominant role in the global financial system, with enormous spillover effects for US monetary policy.	Fri, Aug 26, 2022	International Monetary Fund (IMF)
Nouriel Roubini: The Global Consequences of a Sino-American Cold War What started as a trade war between the United States and China is quickly escalating into a death match for global economic, technological, and military dominance.	Tue, May 21, 2019	Project Syndicate
Sheila Warren: The Future of Blockchain and Digital Markets: A Perspective From the World Economic Forum Sheila Warren talks about blockchain, digital currencies, and other recent developments in digital markets.	Thu, Feb 11, 2021	Brookings
Bianca Taylor: The Fed Needs More Flexibility to Act More Equitably The Fed must be equipped to handle the threat of deflation caused by widespread catastrophic natural disasters — without exacerbating inequities.	Wed, Jan 27, 2021	The Hill
William C. Dudley: The Fed Can Fight Both Inflation and Bank Contagion BWC chair Bill Dudley says in a piece for Bloomberg Opinion that for the Fed, "what matters is that it do what’s needed on the financial stability side as soon as possible, so that it can safely pursue the right monetary policy at future meetings."	Thu, Mar 23, 2023	Bloomberg \| Opinion
Jason Schenker: The Fate of Asset Inflation After COVID COVID-19 was the greatest public health crisis in a century, and it engendered the greatest economic crisis since the Great Depression.	Wed, Feb 24, 2021	The Bretton Woods Committee
Anthony Elson: The Failure of Silicon Valley Bank – Are There Lessons for the Basel Regulatory Framework? The collapse of Silicon Valley Bank (SVB) on March 10 was a failure that should not have occurred. A confluence of factors involving regulators, SVB management, and its depositors came together in an adverse way to bring down the bank.	Fri, Mar 24, 2023	Bretton Woods Committee