A Bretton Woods Moment? The Financial Crisis and the Future of the Global Economic Order
Eric Helleiner, CIGI Chair in International Political Economy,
University of Waterloo, Canada
At the height of recent financial crisis, many speculated about whether this might be a "Bretton Woods moment"
when policymakers set out to build a new global financial order. They have since been disappointed by the incremental nature
of reforms. Helleiner argues that the search for a "Bretton Woods moment" is unhelpful not just because of the contrasting
political circumstances today but also because it is historically and analytically misguided.
Eric Helleiner is CIGI Chair
in International Political Economy at the Balsillie School of International Affairs at the University of Waterloo.
His most recent books include The Future of the Dollar (2009) and Global Finance in Crisis:
The Politics of International Regulatory Change (2010).