Economic system

Gallagher and Kozul-Wright call for reform of the global economic system

in a new openDemocracy rostrum, Kevin Gallagher – acting dean of the Frederick S. Pardee School of Global Studies, Pprofessor of Global Development Policy at the Pardee School and Director of BU’s Global Center for Development Policy (GDP Center) – and Richard Kozul-Wright, director of the Division of Globalization and Development Strategies at the United Nations Conference on Trade and Development, argue for reforming the global economic system to meet the challenges global unsurveyed.

In the article titled “We need a new Bretton Woods – but this time it needs to be truly inclusive», Gallagher and Kozul-Wright echo the arguments laid out in their latest book, The case for a new Bretton Woods. Both offer a roadmap for transforming the global economic system, which in turn would reduce deep inequalities and also help achieve the United Nations Sustainable Development Goals. As the authors point out, “aachieve these [common] goals require a set of shared principles and effective mechanisms that can help mobilize resources and coordinate policies among countries with vastly different public and private sector capacities.

The full article can be read at openDemocracythe website of.

Kevin Gallagher is Professor of Global Development Policy at the Frederick S. Pardee School of Global Studies at Boston University, where he directs the Global Development Policy Center. He is the author or co-author of six books, the most recent of which, The Chinese Triangle: The Chinese Boom in Latin America and the Fate of the Washington Consensus. Learn more about Professor Gallagher on his school Pardee faculty profile.

Gallagher and Kozul-Wright call for reform of the global economic system

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1 week ago

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Tagged: 2022, Bretton Woods Project, global economy, inclusiveness, Kevin Gallagher, Op-Ed, openDemocracy, Richard Kozul-Wright, United Nations