Member Views | The Bretton Woods Committee

Title	Article date	Article source
Colm Kelleher: The EU’s post-Brexit finance ambitions miss an important point Although the British political system appears to have staved off a no-deal Brexit for now, London still faces an existential threat.	Tue, Apr 23, 2019	Financial Times
By Frank Vogl: THE ENABLERS: How the West Supports Kleptocrats and Corruption-Endangering Our Democracy "Authoritarian regimes in many countries, and the men that lead them, depend on the international management of licit and illicit funds under their control. Frank Vogl shows that curbing their activities for their kleptocratic clients is critical to secure democracy, enhance national security, and ensure international financial stability."	Mon, Nov 29, 2021	Rowman and Littlefield
Warren Coats: The Empire and the Dollar 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	https://wcoats.blog/
Rebecca Patterson: The Downturn in the Dollar is Not Just About Rates BWC advisory council member Rebecca Patterson argues in a piece for the Financial Times that "to understand the most recent dollar weakness — and more importantly, where it is likely to be headed next — events outside the US will matter as much or more than what happens within its borders."	Wed, Feb 8, 2023	Financial Times
Frank Vogl: The Double-Standard Raised by the Corruption Perception Index Denmark ranks Number 1 as the least corrupt in the Transparency International 2018 Corruption Perceptions Index published yesterday.	Wed, Jan 30, 2019	The Globalist
Michael B. Greenwald, Harvard Kennedy School: The Digital Asset Olympics The 2022 Winter Olympics will be not only a competition between athletes, but also a geopolitical sparring ground as it has been in the past. The development of a Chinese Central Bank Digital Currency (CBDC) has been in the works for more than 5 years and some of the more potentially nefarious parts of its implementation are finally starting to come to the fore.	Fri, Nov 5, 2021	Belfer Center - Havard Kennedy School
William C. Dudley: The Days of Low Treasury Yields Are Numbered The 10-year U.S. Treasury note is part of the foundation of global finance. Its yield helps determine the cost of mortgages, the value of U.S. stocks and how much the U.S. government must pay to service its growing debt.	Wed, May 12, 2021	Bloomberg \| Opinion
Olivia White: The Complication of Concentration in Global Trade BWC member and McKinsey Global Institute director and senior partner Olivia White recently published The Complication of Concentration in Global Trade, in which she and MGI explore findings in and implications for supply chain resilience and globalization.	Tue, Jan 17, 2023	McKinsey Global Institute
Mohamed A. El-Erian: The Coming Coronavirus Recession The global economy will go into recession this year. The downturn will be sudden and sharp. And although a constructive response from policymakers, companies, and households could limit its duration, its effects will be felt for decades to come.	Tue, Mar 17, 2020	Foreign Affairs
Lawrence H. Summers: The Biden Stimulus Is Admirably Ambitious. But It Brings Some Big Risks, Too President Biden’s $1.9 trillion covid-19 relief plan, added to the stimulus measure Congress passed in December with the incoming administration’s strong support, would represent the boldest act of macroeconomic stabilization policy in U.S. history.	Thu, Feb 4, 2021	The Washington Post