Member Views

Goldman Sachs’s Chief Economist Has Nailed Big Calls. Here’s His Next One.

The BWC is delighted to Member Spotlight our organizational member Goldman Sachs, in the latest Wall Street Journal article titled "Goldman Sachs’s Chief Economist Has Nailed Big Calls. Here’s His Next One." The insightful commentary includes a number of references to BWC Chair Bill Dudley.

“Connector economies” and the fractured state of foreign direct investment

The Bretton Woods Committee is pleased to Member Spotlight Hung Tran and his recent publication with the Atlantic Council discussing how heightened geopolitical rivalry has led to geoeconomic fragmentation, which is evident not only in world trade but also in the flow of foreign direct investment (FDI).

Yemen economic spoils spat revs Red Sea rage

The Bretton Woods Committee is pleased to Member Spotlight an article by Gary Kleiman discussing the economic and humanitarian situation in Yemen against the backdrop of recent Red Sea shipping raids. It highlights the ongoing conflict between the Iran-aligned Houthis in the North and the internationally recognized government backed by Saudi Arabia and the United Arab Emirates in the South.

Remembering John Heimann

The Bretton Woods Committee is saddened by the passing of long-time BWC member John Heimann. A trailblazer in finance and public service, his leadership as the founding Chairman of the Financial Stability Institute of the Bank for International Settlements and tenure as U.S. Comptroller of the Currency defined his commitment to public welfare. John leaves behind an enduring legacy of excellence and unwavering dedication to global financial stability and sound regulatory policy.

China must shield the rest of its economy from the property contagion

The Bretton Woods Committee is proud to Member Spotlight a recent opinion article authored by BWC Vice-Chair William Rhodes and Group of 30 Executive Director Stuart Mackintosh. The article emphasizes the imperative for China to safeguard the broader economy from the property contagion. Their suggestions include advocating for short-term resilience and endorsing Beijing's consideration of allowing developers to face consequences.

2024 - An Overall Positive Start

As of January, evolving global macro-financial indicators suggest a promising beginning to 2024. This comes amidst a context where inflationary pressures are easing, affecting short-term monetary policy prospects, and where there's notable resilience to ongoing risk factors.

Attaining Ajay Banga’s New Bank Vision – Mainstreaming Partnerships with Civil Society

President Ajay Banga has huge ambitions for the World Bank. But are they likely to impact climate change, reduce poverty, and strengthen prosperity? Or will they amount to no more than fine phrases in speeches and reports?

Sovereign debt workouts need knocking into shape

The BWC is pleased to Member Spotlight a recent article by Reuters featuring a proposal regarding sovereign debt workouts from BWC Member Hung Tran.

Sarah Hammer

This Member Monday we welcome new member Sarah Hammer, Executive Director of The Wharton School.

Professor Sarah Hammer is the Executive Director at the Wharton School of the University of Pennsylvania, leading strategic initiatives across Wharton finance and Wharton Cypher Accelerator. Sarah is also an Adjunct Professor at the University of Pennsylvania Law School.

We appreciate her commitment and support, and we look forward to her engagement with The Bretton Woods Committee. 

A Global Climate Guarantee Company Could Accelerate Private Funding of Climate Projects

The purpose of this article is to make the case for the establishment of a new financial guarantee company (referred to as Global Climate Guarantee Company or “GCGC”) that would facilitate and scale up private sector debt financing of climate and sustainable infrastructure projects globally.

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