BRETTON WOODS AT 80: EVOLVING FOR THE NEW GLOBAL ECONOMY - On July 1, 1944, even as the Second World War raged on across Europe and the Pacific, delegates from forty-four nations led by the United States and the United Kingdom met in New Hampshire to begin the Bretton Woods Conference, officially known as the United Nations Monetary and Financial Conference. Their purpose was to imagine a post-World War economic system that promoted international coordination as well as reconstruction and growth, resulting in the creation of the World Bank and the International Monetary Fund.
Eighty years laters, the global economy is once again in a moment of significant turmoil as countries recover from the pandemic and conflict has flared across Europe, the Middle East, and Africa.

How have the Institutions evolved since 1944 and what does that tell us about how the institutions can rise to the challenges of today? How has US and UK leadership in these institutions changed over time and what do these countries see as the priorities going forward?

World Bank Senior Managing Director Axel van Trotsenburg, IMF Historian Atish Rex Ghosh, US Treasury Assistant Secretary Alexia Latortue, and former UK G7/G20 Sous-Sherpa Creon Butler join us for a discussion on these critical issues and outline the way forward.

This event is part of the GeoEconomics Center’s Bretton Woods 2.0 Project designed to reimagine the institutions for the decades ahead and will be complemented by an event on July 25 in Rio de Janeiro on the sidelines of the G20 finance and central bank governors meetings, to mark eighty years since the conclusion of the Bretton Woods Conference.

ORIGINAL AIRDATE: 07/01/2024