Since 1995, the Center of Concern's Rethinking Bretton Woods Project has been researching, educating, and advocating to promote reforms of the international financial system, its rules and institutions, including the World Bank and the International Monetary Fund. The reforms it promotes have the purpose of ensuring that the global financial system contributes to democratizing economic policy making, safeguarding human rights, and advancing sustainable development.
In spite of the growth of resources in the financial sector, poverty, hunger, and growing inequality remain a reality for billions around the world. Ethical reflection supports the need for transformation in the institutions, rules, and structures that finance development and for challenging the driving role that unprincipled private finance has come to play in so many areas of public and private life.
The Rethinking Bretton Woods Project contributes thought and executive leadership on behalf of the Center to advance productive dialogue and public policy regarding such issues, engaging governmental and intergovernmental officials, policy makers, civil society organizations, scholars, faith-based groups, grassroots activists, social movements, and the public. It works closely with its allies in Coopération Internationale pour le Développement et la Solidarité (CIDSE) and other leading collaborative centers for principled transformation of financial markets and other systems in the United States, Europe, and all the regions of the Global South.
The current main areas of focus of the RBW project are: