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Financial exit: time for a new Bretton Woods conference amid the Ukraine war?

Mandeng, Ousmene (2022) Financial exit: time for a new Bretton Woods conference amid the Ukraine war? LSE Business Review (29 Mar 2022). Blog Entry.

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Abstract

Ousmène Jacques Mandeng examines the need for a new financial order as integration is unlikely to hold up amid the Ukraine war. Despite important network advantages emerging from the Bretton Woods integration policies, Western control of the international financial system caused overdependence on the US dollar and subsequent liability chains impairing needed flexibility. Looking forward, financial decentralisation and peer-to-peer relations may be more effective to reduce dependency between international institutions and their clients.

Item Type: Online resource (Blog Entry)
Official URL: https://blogs.lse.ac.uk/businessreview/
Additional Information: © 2022 The Author(s)
Divisions: LSE
Subjects: H Social Sciences > HD Industries. Land use. Labor
H Social Sciences > HD Industries. Land use. Labor > HD28 Management. Industrial Management
H Social Sciences > HG Finance
H Social Sciences > HN Social history and conditions. Social problems. Social reform
H Social Sciences > HC Economic History and Conditions
Date Deposited: 28 Jun 2022 10:51
Last Modified: 15 Sep 2023 11:26
URI: http://eprints.lse.ac.uk/id/eprint/114660

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