March 12, 2009

Why a Bretton Woods Non-Commission?

Posted by Nancy Birdsall in Remarks from the Chair Tags: Domenico Lombardi, Edwin Truman, Ernesto Zedillo, G-20, Governance Reform, IMF, Trevor Manuel, Vijaya Ramachandran, World Bank

I am pleased to announce the launch of the CGD’s Bretton Woods Non-Commission on Governance Reform of the IMF and the World Bank.  The possibility and the options for deep reform of these institutions are greater today than ever. Ironically, this is thanks to the oncoming global economic crisis, which has exposed the limits of their financing, legitimacy and relevance in the 21st century interconnected global economy.

The IMF and the World Bank have both announced new commissions to offer recommendations on how they can reform their embarrassingly outmoded mid-twentieth century governance. Both are led by experienced and capable individuals, the IMF commission by Trevor Manuel and the World Bank commission by Ernesto Zedillo.

The task of our Non-Commission is to help invigorate this process by providing fresh and perhaps even revolutionary ideas for changing how these important institutions are run—specifically who decides what they do and how they do it. Our Non-Commission will not meet; and our ideas will not be massaged into a consensus document.
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• Welcome to CGD’s
  Bretton Woods Non-Commission!
  Change is in the air for the governance of the World Bank and IMF. But will it enable these institutions to provide the global public goods that the world so urgently needs? CGD president Nancy Birdsall invited experts on global governance to offer their suggestions. Learn More »

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• Monthly Archives

  Select Month December 2009  (1) May 2009  (1) April 2009  (1) March 2009  (7) February 2009  (1) January 2009  (1)

• Non-Commission Members

  Nancy Birdsall
  Center for Global Development

  
  

  Colin I. Bradford
  Brookings Institution

  
  

  Kemal Dervis
  United Nations Development Programme

  
  

  Jo Marie Griesgraber
  New Rules for Global Finance Coalition

  
  

  Homi Kharas
  Wolfensohn Center for Development, Brookings Institution

  
  

  Johannes Linn
  Wolfensohn Center for Development

  
  

  Domenico Lombardi
  Brookings Institution

  
  

  Vijaya Ramachandran
  Center for Global Development

  
  

  Richard Samans
  Center for American Progress, World Economic Forum

  
  

  Edwin Truman
  Peterson Institute for International Economics

  
  

  Ngaire Woods
  University College, Oxford

• Tag Cloud

  Articles of Agreement British Treasury Camille Gutt Climate Change credit Domenico Lombardi Dominique Strauss-Kahn Double Majority Voting Edwin Truman Ernesto Zedillo EU Trade Executive Board Representation financial crisis G-20 Global Economy good governance Governance Reform Grand Bargain Harry White IFI IFI reform IMF IMFC lending Lord Keynes Ngaire Woods NGOs Obama administration Open letter Pierre Mendes-France Quota Formula Reform Management Richard Bryant Special Majorities Trevor Manuel U.S. Treasury Vijaya Ramachandran World Bank