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Reinvigorating the Bretton Woods Institutions: Traditional and Rising Powers' Debate on the Issues and Stakes
引用本文:Bessma Momani. Reinvigorating the Bretton Woods Institutions: Traditional and Rising Powers' Debate on the Issues and Stakes[J]. 现代国际关系(英文版), 2010, 20(2): 10-24
作者姓名:Bessma Momani
作者单位:the departments of Political Science and History at the University of Waterloo 
基金项目:presented to the seminar titled “Leadership and the Global Governance Agenda” held in Beijing on November 10-11th by CIGI, Stanley Foundation and China Institutes of Contemporary International Relations (CICIR)
摘    要:
Introduction:
Throughout modem history, the Intemational Monetary Fund (IMF) and the World Bank, commonly referred to as the Bretton Woods Institutions (BWI), have waned in and out of importance to the global economic system. Created in 1944, both organizations were to have specialized roles in intemational economic govemance. The IMF would address exchange rate cooperation, liberalization of international payments and balance of payments adjustments; the World Bank would address capital investment, development, and long-term project lending. While both organizations would face repeated crises of purpose and legitimacy throughout their modem history, the recent sidelining of the BWIs in the aftermath of the Asian crisis would raise the awareness of world leaders of the need to address relevance of their mandates in their evolving global setting. At the tum of the century, the BWIs were declared irrelevant.

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Reinvigorating the Bretton Woods Institutions: Traditional and Rising Powers' Debate on the Issues and Stakes
Bessma Momani. Reinvigorating the Bretton Woods Institutions: Traditional and Rising Powers' Debate on the Issues and Stakes[J]. Contemporary International Relations, 2010, 20(2): 10-24
Authors:Bessma Momani
Abstract:
Introduction:Throughout modem history, the International Monetary Fund (IMF) and the World Bank, commonly referred to as the Bretton Woods Institutions (BWI), have waned in and out of importance to the global economic system.
Keywords:
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