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Following financial crisis, depression and war, world leaders convened in Bretton Woods, New Hampshire. Their goal was to create a system of global economic governance, built to deliver financial stability and mutual prosperity for a lasting peace.
80 years later though, that system and its core institutions - the International Monetary Fund, the World Bank and the World Trade Organization - loom large in a world bearing a striking resemblance to a past the Bretton Woods delegates hoped would be gone forever.
The new book, 'The Case for a New Bretton Woods' by Kevin P. Gallagher and Richard Kozul-Wright lays out a blueprint for aligning the global economic governance system with a just transition to a stable, equal and low-carbon world economy.
As global crises converge, now is the moment for a New Bretton Woods.
Read the book: www.wiley.com/en-us/The+Case+...