WEBINAR - Reflecting on the June FOMC | Thursday, June 16 | 10:00-11:00 AM ET
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On June 16, BWC Chair Bill Dudley will join Mark Sobel, US Chairman of OMFIF, to discuss the June FOMC meeting. Their conversation will cover the outlook for monetary policy and the Fed’s handling of it, the impact of inflation, the labor market, digital currency, the central bank’s dual mandate and concerns surrounding financial stability. Ellen Meade, former Senior Adviser in the division of monetary affairs and Special Adviser to the Board of the Federal Reserve will contribute to the discussion of near-term policy regarding the rate path, the expected economic conditions, and what policy makers want to see from the data before they slow the pace of tightening.
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PODCAST - Coindesk "Money Reimagined" Features Digital Finance Project Team Brief II | Friday, June 17
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BWC Digital Finance Project Team (DFPT) will be releasing the second brief in their 8-part series titled Emerging Digital Finance Ecosystem and Positive Use Cases on June 17. Bill Dudley and Deepika Sharma will join the Money Reimagined podcast with host Michael Casey to discuss the potential positive use cases of the crypto and blockchain ecosystem for the benefit of consumers, businesses and financial intermediaries. Special thanks to all the members of the drafting team – Dee Sharma, Natalya Thakur, Dawn Fitzpatrick, Adam Schneider, and Michael Kruse for their excellent work on this latest publication.
Stay tuned for the upcoming episode. Read DFPT’s introductory brief here.
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BWC's BLOG - The Indo-Pacific Economic Framework and U.S.-China Relations
BWC’s blog presents an opportunity for members to publish original works that will be shared with the BWC community and promoted on our website and social media pages.
President Biden’s debut tour in Asia took place at a time of complex international dynamics. “We’re navigating a dark hour in our shared history,” President Biden said when meeting the leaders of India, Australia, and Japan last week. With the ongoing crisis in Ukraine, the Asia-Pacific region holds strategic significance in the realm of international affairs and economy.
The White House recently announced a new Indo-Pacific Economic Framework and twelve Indo-Pacific countries have joined representing 40% of world GDP. This is likely to impact the economic and geopolitical dynamics in the Asia-Pacific region, directly affecting the U.S.-China bilateral trade relationship.
BWC wants to hear its members’ take on how President Biden’s recent visit to Asia might shape Asian multilateral economic policy, and how might China respond to Biden's signature economic initiative for the region?
For submission guidelines, click here.
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ANNOUNCEMENT - Henry Owen Memorial Award Essay Contest 2022 Winner
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The Bretton Woods Committee would like to congratulate Milton Wong Tze Sheng as the winner of our Henry Owen Award Memorial Essay Contest!
This contest asked graduate-level students to expand on ways in which the IFIs can work together to adapt to new global challenges and create a resilient, equitable, and sustainable post-pandemic economy. Read Milton’s essay here.
The Henry Owen Memorial Award honors Bretton Woods Committee co-founder Henry Owen, and hopes to inspire new generations of thoughtful young leaders to follow Ambassador Owen’s example as both a scholar and diplomat.
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WORKING GROUPS - BWC Announces New Working Group on Multilateral Reform
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BWC recently formed a new special project working group to analyze the shortcomings of the international economic architecture and to propose substantive reforms. The Ukraine-Russia war has underscored the significant fissures and weaknesses in the economic and security arrangements that exist to promote economic prosperity and sustain peaceful coexistence among nations. The need for reform is compelling and urgent, just as it was in 1944, when the IMF and the World Bank were conceived at the Bretton Woods Conference.
Stay tuned for upcoming announcements regarding this new working group!
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The BWC Annual Meeting 2022 featured prominent global leaders and scholars discussing a variety of currently relevant topics, including the Ukraine Crisis, global supply chains status, sovereign debt reform, prospects for the World Bank and International Monetary Fund, climate, and digital finance, among others. BWC’s new membership model was formally announced. To watch a recap, please visit our website.
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BWC Releases First Brief by Digital Finance Project Team
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The Digital Finance Project Team released their first publication, “State of Play in Crypto Markets: Opportunities and Dangers,” at AM22. This brief is the first in an eight-part series that will explore the critical regulatory and policy issues of digital assets and the crypto market.
Read Bill Dudley’s op-ed titled “Crypto Advocates Should Be Begging for Regulation” in Bloomberg which is also posted on The Washington Post and Advisor Perspectives.
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As part of its ongoing revitalization, the BWC adopted a new membership model that will take effect on July 1, 2022. The new model expands and improves the benefits offered to individual and organizational members, creates opportunities for members to engage in our policy work, and ensures financial stability for the organization going forward. The rates for the new model are provided below. Further information will be shared soon. Please contact Membership@brettonwoods.org if you have questions.
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Call for Nominations
BWC’s strength is in its membership. You are leaders in your industries and bring your unique insights and perspectives to our work. We are always looking to expand the size and diversity of our membership in order to better support strong, effective multilateral solutions to the world’s economic challenges. You are encouraged to nominate individuals and organizations that might contribute to this work for membership in BWC. Learn more about individual and organizational membership, and send nominations to Membership@brettonwoods.org. |
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BWC Welcomes New Members
| Individual Members |
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Nominated by |
| Barbara Ann Bernard |
Wincrest Capital |
Afsaneh Beschloss |
| Benjamin S. Weiss |
UBS Group |
William Dudley |
| Brian C. Hartzer |
Frothy Capital Pty Ltd. |
Gail Kelly |
| David M. Rader |
U.S. Department of Defense |
Brent McIntosh |
| Gregory C. Johnson |
Rubicon Crypto |
Michael Greenwald |
| Irene Tse |
Wellington Management |
William Dudley |
| Jianhai Lin |
IMF (Retired) |
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| Lynn Thoman |
Columbia University |
William Dudley |
| Oghosa Erhahon |
German Development Agency |
Bianca Taylor |
| Rebecca Patterson |
Bridgewater Associates |
William Dudley |
| Shawn Bates |
The American University |
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| Thomas J. Byrne |
The Korea Society |
William Rhodes |
| Organizational Members |
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Nominated by |
| UniCredit SpA |
Pietro Carlo Padoan |
Lorenzo Bini Smaghi |
| TCX Investment Management Company |
Ruurd Brouwer |
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To support BWC’s new model and rapid growing speed, the BWC seeks the support of four interns (20-30 hours per week each) for the summer and fall of 2022, in programs, communications, membership, and legislative works. We welcome referrals sent to jobs@brettonwoods.org.
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