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The Case for a New Bretton Woods. Kevin P. Gallagher
Читать онлайн.Название The Case for a New Bretton Woods
Год выпуска 0
isbn 9781509546558
Автор произведения Kevin P. Gallagher
Жанр Экономика
Издательство John Wiley & Sons Limited
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Kevin P. Gallagher & Richard Kozul-Wright, The Case for a New Bretton Woods
The Case for a New Bretton Woods
Kevin P. Gallagher
Richard Kozul-Wright
polity
Copyright © Kevin P. Gallagher and Richard Kozul-Wright 2022
The right of Kevin P. Gallagher and Richard Kozul-Wright to be identified as Author of this Work has been asserted in accordance with the UK Copyright, Designs and Patents Act 1988.
First published in 2022 by Polity Press
Polity Press
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Cambridge CB2 1UR, UK
Polity Press
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All rights reserved. Except for the quotation of short passages for the purpose of criticism and review, no part of this publication may be reproduced, stored in a retrieval system or transmitted, in any form or by any means, electronic, mechanical, photocopying, recording or otherwise, without the prior permission of the publisher.
ISBN-13: 978-1-5095-4655-8
A catalogue record for this book is available from the British Library.
Library of Congress Control Number: 2021942106
The publisher has used its best endeavours to ensure that the URLs for external websites referred to in this book are correct and active at the time of going to press. However, the publisher has no responsibility for the websites and can make no guarantee that a site will remain live or that the content is or will remain appropriate.
Every effort has been made to trace all copyright holders, but if any have been overlooked the publisher will be pleased to include any necessary credits in any subsequent reprint or edition.
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1 The Fierce Urgency of Now: The Case for a New Bretton Woods Moment
We are now faced with the fact that tomorrow is today. We are confronted with the fierce urgency of now. In this unfolding conundrum of life and history, there “is” such a thing as being too late. This is no time for apathy or complacency. This is a time for vigorous and positive action.
Martin Luther King, 1967
At the height of the Vietnam War, Martin Luther King called for vigorous action, on both the domestic and international fronts, to fight injustice and prevent the world heading toward “violent coannihilation.” Today, such action is just as urgent to tackle polarizing inequality, growing economic insecurity, and a breakdown of the climate system. While the policy responses must be linked to local needs and experiences and will require dedicated and determined actions by national governments, the increasingly intertwined nature of these challenges can only be effectively tackled with the support of ambitious global action and coordination.
Promoting international cooperation is, to a large extent, the job of the multilateral system that emerged after World War Two. The question is whether that system is up to the scale and urgency of these challenges.
Multilateral institutions