Does the planet need a new Bretton Woods Agreement and can Canada help?

The world is a very different place from when the World Bank and International Monetary Fund were created in the mid-1940s at Bretton Woods, N.H., and both the role and operational instruments they deploy must be modernized to address today’s very different challenges.

Canada can play a leading role in encouraging the incoming World Bank president and its other shareholders to radically restructure the institution and, by extension, other multilateral development banks. Photograph courtesy of Deborah W. Campos/World Bank

Opinion

BY JOSEPH INGRAM

March 16, 2023

The late February G20 Working Group meetings in India seem to augur well for the next G20 summit to be hosted by Prime Minister Narendra Modhi in September. Although the criminal actions of Russia in Ukraine will no doubt continue to redirect public attention away from the e...

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