In 1944, 44 nations came together to create a set of economic reforms designed to promote economic stability and a lasting peace. Almost 80 years later, this order has given way to a runaway financial sector that has destabilized the world economy with repeated financial crises and asset bubbles, and increasing hazards created by climate change.
In this episode, Kevin Gallagher of Boston University’s Global Development Policy Center and Richard Kozul-Wright of the United Nations Conference on Trade and Development discuss their new book, The Case for a New Bretton Woods, which lays the groundwork for moving the global economy away from ever-increasing levels of financialization and instability to one that promotes global prosperity and a stable climate.
You can purchase their book direct from the publisher here.
Listen to this episode on the player below, or via the following links: