Imagining a New Bretton Woods (Yanis Varoufakis, Project-Syndicate)

The financial meltdown of 2008 prompted calls for a global financial system that curtails trade imbalances, moderates speculative capital flows, and prevents systemic contagion. That, of course, was the goal of the original Bretton Woods system. But such a system today would be both untenable and undesirable. So, what might an alternative look like?

https://www.project-syndicate.org/commentary/imagining-new-bretton-woods-by-yanis-varoufakis-2016-05