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A Post-COVID-19 Digital Bretton Woods
When world leaders came together in Bretton Woods, New Hampshire, in 1944, they laid the foundation for a model of global governance that would last for more than 70 years. To manage the far-reaching implications of digital technology and hyper-globalization, we must now pick up where they left off.
https://prosyn.org/CLuNSyz
WATERLOO, CANADA – The global COVID-19 pandemic has turned the once unthinkable into legislation. Governments are underwriting business and health care, and regulating personal behavior, in unprecedented ways. The world’s primary multilateral financial institutions – the International Monetary Fund and the World Bank – are being asked to throw away their rulebooks to save the world’s imperiled developing economies.