Member Views | The Bretton Woods Committee

Title	Article date	Article source
Gary Kleiman: Emerging Markets Catharsis Recasts Investor Slate Emerging market asset managers are eager to put this year behind them after double-digit stock and bond index losses and net outflows from their funds. Core and frontier equities though October were down 30%, external sovereign/corporate and local government bonds from 15% to 25%, and currencies, not quite as battered as developed market counterparts by the almighty dollar, off 10%.	Mon, Nov 21, 2022	Bretton Woods Committee
Greg Johnson: Collapse of FTX could determine future of crypto, digital asset industry There's a lot of about the crypto industry after the collapse of industry giant FTX. Rubicon Crypto CEO Greg Johnson talks about what it means for the industry.	Thu, Nov 17, 2022	YouTube
William R. Rhodes and Stuart P.M. Mackintosh: Decline of globalisation will make our planet less prosperous and more unliveable o The unfolding trade, tech and cold wars between the US, China and their allies risk eroding the international rules-based architecture o Without a system for connection and exchange, economies will shrink, cooperation will wither and global crises will mount	Mon, Nov 14, 2022	South China Morning Post
Mahesh Kotecha: MDBs Loans: a New Asset Class Collateralized Loan Obligations Multilateral Development Bank balance sheet management with structured financings is still in its infancy but a number of path-breaking deals show the way. Two are by the African Development Bank (AfDB) and one by International Finance Corporation (IFC) though there have also been some others. These MDB transactions involve about $13 billion in public and private sector MDB loans. The two from the African Development Bank are both synthetic.	Tue, Nov 15, 2022	Bretton Woods Committee
Mahesh Kotecha: Perceived Versus Real Risk In African Credit Ratings The ratings of African governments have allowed a robust Eurobond market for African sovereign bonds with over $300 billion issued in the last couple of decades. Maintaining access to this market has persuaded many African countries not to seek debt relief under the misconceived G-20 Common Framework (CF) which only three countries have filed to use – Zambia, Ethiopia and Chad -- and none of them has an agreement yet two years after the CF was announced.	Fri, Nov 4, 2022	Bretton Woods Committee
Mark Sobel: IMF annual meetings reflected global gloominess The annual meetings of the International Monetary Fund and World Bank wrapped up on 16 October. Washington DC’s economy is richer for it. Its citizens are relieved the extreme traffic mess – even by DC standards – has abated. Thousands of delegates packed into innumerable meetings, seeing each other face-to-face often for the first time in years. Gloomy views were reinforced, while DC’s liquor stocks were drawn down. Whether much was learned is a different matter.	Fri, Oct 21, 2022	OMFIF
C. Randall Henning: East Asia’s precautionary financing fix Southeast Asian economies, like emerging markets and developing countries globally, are anticipating a rocky financial transition out of the COVID-19 pandemic. The rapid tightening of monetary policy in the United States and the economic fallout from Russia’s invasion of Ukraine are causing a global recession and threatening further capital outflows from emerging markets and developing countries.	Thu, Oct 6, 2022	East Asia Forum
Abdulhamid Alkhalifa: How multilateral development banks can deliver climate action The 2022 Annual Meetings of the World Bank and the International Monetary Fund in Washington, DC will take place against perhaps the bleakest background in decades, from the aftermath of COVID-19 to the war in Ukraine, climate change and inflation pressures.	Sun, Oct 9, 2022	Bretton Woods Committee
William R. Rhodes and Stuart P.M. Mackintosh: Future of Finance: The Power of Sanctions This episode of “A look into the Crystal Ball on the Future of Finance,” features Bill Rhodes, former Chairman & CEO of Citibank, and current President & CEO of William R. Rhodes Global Advisors, and Dr. Stuart P.M. Mackintosh, Executive Director of the Group of Thirty. They will be discussing the Power of Sanctions. Can the use of Sanctions in lieu of Military action really make a difference? If so, will the difference be significant enough?	Fri, Sep 30, 2022	European American Chamber of Commerce
William Dudley: Fed is Underplaying the Pain of Inflation Fighting Former New York Fed President William Dudley examines the economic consequences of the Federal Reserve's inflation fight on "Bloomberg Surveillance." Dudley is a Bloomberg Opinion columnist. His opinions are his own.	Tue, Sep 27, 2022	Bloomberg Markets and Finance