Member Views | The Bretton Woods Committee

Title	Article date	Article source
Nouriel Roubini: The Looming Stagflationary Debt Crisis Years of ultra-loose fiscal and monetary policies have put the global economy on track for a slow-motion train wreck in the coming years. When the crash comes, the stagflation of the 1970s will be combined with the spiraling debt crises of the post-2008 era, leaving major central banks in an impossible position.	Wed, Jun 30, 2021	Project Syndicate
Danny Leipziger: Can the West Counter the BRI? It is no secret that the West is exceedingly uncomfortable with China’s Belt and Road Initiative (the BRI) and its role in building infrastructure in developing countries, and for good reasons. The terms of these investments by China’s parastatal banks are opaque and recent research reveals that contracts include non-disclosure covenants to keep them so. That said, it is China that is pouring the most money into infrastructure investments into Sub-Saharan Africa in particular in a way that no one else can match.	Thu, Jul 8, 2021	Bretton Woods Committee
Melissa T. Cook: Education: Hard Work on Soft Infrastructure There is plenty of talk about Africa’s need for more infrastructure. Most discussions focus on hard infrastructure like transportation, electricity, power, housing, and the like.	Fri, Jul 2, 2021	African Sunrise Partners LLC
Mark Sobel: Dollar’s Global Role: Extraordinary Privilege or Burden? Exaggerated debate is often conflated with other factors	Thu, Jul 1, 2021	OMFIF
Myron Brilliant: America Is Back: We Need a Trade Agenda That Shows It America is back on the world stage. That’s the theme President Biden repeatedly hit during his first international trip this month, and throughout his first several months in office.	Mon, Jun 21, 2021	The Hill
Frank Vogl: The Biden Administration’s Anti-Corruption Agenda It was no coincidence that President Biden took personal charge of issuing his first National Security Council Memorandum (NSCM) on the eve of his recent trip to Europe. He detailed a strong anti-corruption agenda.	Sun, Mar 21, 2021	The Globalist
Gary Kleiman: Emerging Market Finance Refugee Crisis Application: Rationale and Roadmap In 2019 the World Refugee & Migration Council issued “A Call to Action” recognizing the need for private sector innovation to meet the fiscal challenges posed by the global refugee crisis.	Wed, Jun 16, 2021	World Refugee and Migration Council
William R. Rhodes: Warning Signs of a "Volcker Moment" Paul Volcker, the former Federal Reserve chairman who was my longtime friend and officemate, died at the end of 2019 before Covid-19 swept the planet.	Mon, Jun 14, 2021	Reuters Breakingviews
Jacob L. Lew, Lawrence H. Summers, and others: We Ran the Treasury Department. This Is How to Fix Tax Evasion Six hundred billion dollars per year, and growing	Wed, Jun 9, 2021	The New York Times
Mohamed El-Erian: Fed Meeting Turns Into a Test of Its Inflation Narrative Central bank should not take comfort from the bond market.	Mon, Jun 14, 2021	Financial Times