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June 5, 2009

Monetary Policy
The return of Bretton Woods Two? (or Bretton Woods 2.1?)

If you read the headlines earlier this week, you might well have concluded that the dollar’s days as the world’s leading reserve currency are numbered. Yu Yongding of China’s Academy of Social Sc…

About CFR

Excerpt: The Battle of Bretton Woods

Read an excerpt of The Battle of Bretton Woods.

June 12, 2019

Global Governance
It’s the Global Economy, Stupid!

Experts from the Council of Councils rank managing the global economy the second highest priority on the global agenda and graded the world's performance on the issue a middling C+. 

A trader at the stock exchange reacts to the election of Donald Trump in Frankfurt, Germany on November 9, 2016.

April 9, 2019

International Organizations
The World Bank Group’s Role in Global Development

Since its founding in 1944, the World Bank has evolved from a lender focused on European reconstruction to the preeminent international institution for economic development and poverty reduction.

KM Asad/NurPhoto via Getty Images

November 7, 2008

United States
Previewing ’Bretton Woods Two’

CFR’s Peter Kenen discusses the current financial crisis and what will come of the upcoming international financial summit.

October 3, 2006

Monetary Policy
Bretton Woods 2 lives

The IMF released its data on global reserve growth on Friday.   And – to no one’s real surprise – the IMF data indicated that there is one key reason why capital flows uphill in today’s global econom…

January 2, 2005

United States
Bretton Woods Two Lives

The Fed has started to tighten, Greenspan said anyone who has not hedged their interest rate risk desires to lose money. Yet higher short-term rates have not led to higher long-term rates. In the j…

March 11, 2019

India
A Matter of Particular Concern: India’s Transition From Biomass Burning

Aaron Steinberg is an interdepartmental program assistant at the Council on Foreign Relations in New York.  On Sunday, the Indian Election Commission released the much anticipated polling dates fo…

A villager makes cow dung cakes used as cooking fuel at Maloya village on the outskirts of the northern Indian city of Chandigarh January 31, 2011.

March 8, 2019

World Order
Six Women Who Shaped the Contemporary World Order

This International Women's Day, we highlight six women whose contributions have helped to shape the contemporary world order.

International Monetary Fund Managing Director Christine Lagarde speaks with Nigeria's Minister of Finance Ngozi Okonjo-Iweala during a conference on "Africa's Future: Responding to Today's Global Economic Challenges" in Lagos, December 20, 2011.

February 27, 2019

Energy and Environment
“Perceptions” about Oil or Demand Realities?

Amin Nasser, Chief Executive Officer of Saudi Aramco, whose shareholder is a sovereign nation, weighed in this week with a warning against U.S. and European activist shareholders who are making deman…

The chief executive of Saudi Aramco, Amin Nasser, speaks during an interview with Reuters in Dhahran, Saudi Arabia, December 13, 2017