International Policy Coordination for Development: The Forgotten Legacy of Bretton Woods

Eric Helleiner

No 221, UNCTAD Discussion Papers from United Nations Conference on Trade and Development

Abstract: The global financial crisis of 2008 has triggered many calls for a “new Bretton Woods” that would revive the vision of the architects of the post-war international financial order. The precise content of that original vision, however, is often poorly understood. Particularly neglected are international development and North-South dimensions of the Bretton Woods negotiations. This paper resurrects those dimensions and discusses their fate and significance to contemporary debates about global economic reform, in particular, their relevance to the ongoing discussion of global economic governance taking place in the context of the G20.

Date: 2015
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