IMF and World Bank must evolve to counterbalance forces of chaos

Three-quarters of a century on from the seismic Bretton Woods agreement, today’s global economy needs a revamped blueprint

Europeans have had a lock on IMF post

If the photographs on its website are a guide, the Mount Washington Hotel looks today much as it did 75 years ago, when it hosted one of the most important events of the 20th century. It is huge and grand, set in the beautiful mountain landscape of the New Hampshire resort of Bretton Woods. One is reminded of the Overlook Hotel, where Jack Nicholson went on the rampage with an axe in Stanley ...