What should be done differently in a new Bretton Woods?
Bretton Woods was formulated more than half a century ago when the world was a different place. Mr. Brown’s proposal calls for more co-ordination among national regulators and a focus on global money flows. A new agreement would need to be much more inclusive, said Peter Chowla, London-based policy officer at the Bretton Woods Project, which monitors the World Bank and International Monetary Fund. “We need to involve more people in the discussion.
