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October 25, 2008

A 21st-Century Bretton Woods

Author:	Sebastian Mallaby, Director of the Maurice R. Greenberg Center for Geoeconomic Studies and Paul A. Volcker Senior Fellow for International Economics

In this Wall Street Journal op-ed, Sebastian Mallaby writes that persuading China to change its currency policy would be a worthy goal for a 21^st-Century Bretton Woods. It will be up to the two great powers -- the U.S. and China -- to fashion a deal that brings China into the heart of the multilateral system.

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