Member Views | The Bretton Woods Committee

Title	Article date	Article source
Danny Leipziger: China Has a Unique Opportunity to Take the Lead on Emerging Market Indebtedness The current state of the global economy and the outlook for the next few years do not bode well for Emerging Market and Developing Economies (EMDEs). Many countries were overly indebted before the pandemic and additional borrowing, one of the few options available to them, will push many into the terrain of unsustainable debt. China’s joining the Debt Service Suspension Initiative of the G-20 is commendable; however, this action only deals with official debt held by poorer EMDEs.	Fri, Jan 15, 2021	Bretton Woods Committee
William R. Rhodes: 'Banker to the World' Rhodes on Biden's Big Challenges (Radio) Bill Rhodes on Biden's strategy for China. Hosted by Paul Sweeney and Vonnie Quinn.	Wed, Jan 13, 2021	Bloomberg
Paul J. Sheard: A More Robust Macroeconomic Policy Framework Is Needed The COVID-19-triggered economic shutdown has precipitated the second collapse in economic activity and surge in unemployment in 12 years.	Mon, Dec 21, 2020	Foreign Policy Association
William Rhodes and Noel Lateef: Global Policy Makers: The Macro View The Foreign Policy Association hosted Bill Rhodes and Paul Sheard for a discussion of the impact of Covid-19 on the world economy.	Thu, Dec 10, 2020	Foreign Policy Association
Andy Haldane: All Crises Open Up Opportunities to Think Afresh The Bank of England’s chief economist calls on policymakers to jolt companies towards fairer, more productive ways of working.	Sun, Dec 13, 2020	Financial Times
Mahesh Kotecha: Biden Should Implement a “Yellen Bond” Plan for African Debt The OECD has estimated that external capital inflows to emerging market countries shrank in 2020 by about $700 billion relative to 2019.	Thu, Dec 17, 2020	Bretton Woods Committee
Gary Kleiman: Rotating Refugee Crises Demand Development Daring Another tragedy often overlooked during this year’s global Covid rampage, with their own physical mobility and financial remittance restrictions, is the 80 million displaced population in the UN’s latest tally, approximately one-third official refugees with 80% fleeing one developing country for another.	Tue, Dec 15, 2020	Bretton Woods Committee
Edwin M. Truman: Memo to Congress on why the United States should better Support International Financial Institutions Background: US foreign affairs programs underpin US soft (nonmilitary) power, which is in decline as these programs have been underfunded. In FY2020, the United States spent $57 billion on international programs, activities, and institutions.	Thu, Nov 5, 2020	Peterson Institute for International Economics
Constance Hunter, Arun Ghosh, and Judd Caplain: Institutionalization of Cryptoassets Cryptoassets (or crypto) have garnered significant attention from the media, financial analysts, governments, regulatory institutions, and investors over the last year and a half.	Mon, Nov 30, 2020	KPMG
Scott Morris: Only the U.S. and China Can Stave off Debt Disaster There’s one area where the U.S. and China can and should cooperate immediately, however: to head off a looming debt crisis that threatens to hurl millions into poverty.	Mon, Dec 7, 2020	Bloomberg