Beyond Bretton Woods

Alternatives to the Global Economic Order

Daphne Wysham

John Cavanagh

Marcos Arruda

July 2008

A series of provocative essays by leading researchers and activists on three crucial questions: what kind of development should new global economic institutions promote, what are the viable alternatives to the World Bank and IMF and what other global economic institutions are needed to promote a more just trading order with greater social and ecological responsibility.

Preface by Susan George

The 50th anniversary of the Bretton Woods conference, from which emerged the World Bank and the International Monetary Fund, occurs in 1994. Many academics feel that these international financial institutions have done and continue to do more harm than good and should be disbanded. This book pursues this argument providing an analysis of the global economy and offers alternatives to the existing system. The author has compiled a series of provocative essays by leading researchers and activists on three crucial questions: what kind of development should new global economic institutions promote, what are the viable alternatives to the World Bank and IMF and what other global economic institutions are needed to promote a more just trading order with greater social and ecological responsibility.

ISBN:

0745308899

Daphne Wysham

Daphne Wysham is a former TNI fellow and co-director of the Sustainable Energy and Economy Network of the Institute of Policy Studies.

John Cavanagh

Director of the Institute for Policy Studies

John Cavanagh has been Director of IPS since 1998 and a founding fellow of TNI. He worked as an international economist for the United Nations Conference on Trade and Development (1978-1981) and the World Health Organization (1981-1982).

He is also the co-author of 10 books and numerous articles on the global economy, including Development Redefined: How the Market Met Its Match (2008, Paradigm Publishers), written with Robin Broad.John has a BA from Dartmouth College and a MA from Princeton University.

Marcos Arruda

Director of Políticas Alternativas Para o Cone Sul (PACS)

Arruda is an economist and veteran popular educator, who has worked closely with Brazilian labour and co-operative movements for many years.

Arruda has served as an advisor to local governments and the Workers' Party (PT) in his region, and is an animator for the virtual Workshop on a Socio-Economy of Solidarity from the Alliance for a United and Responsible World.

He is also active in the Brazilian Network for the Integration of the Peoples working on issues related to NAFTA, Mercosur, Free Trade Area of the Americas and the World Trade Organisation. He is involved with the Brazilian network on Multilateral Financial Institutions and is a co-ordinator of the Brazilian Jubilee 2000 Campaign.