We need a new Bretton Woods moment, says António Guterres. What was the original Bretton Woods and what did it achieve?

Mar 10, 2023

The original Bretton Woods Agreement was signed in June 1944 by 44 countries. Image: Ibrahim Boran on Unsplash

Ian Shine

Senior Writer, Forum Agenda

Our Impact

The Big Picture

Explore and monitor how Financial and Monetary Systems is affecting economies, industries and global issues

A hand holding a looking glass by a lake

Crowdsource Innovation

Get involved with our crowdsourced digital platform to deliver impact at scale

Stay up to date:

Financial and Monetary Systems

Listen to the article

Geopolitical risks and the rising cost-of-living are creating global instability. It therefore needs a ‘radical transformation’ in the shape of a new Bretton Woods deal, said UN Secretary-General. Image: WEF

Have you read?

Global line-up estimates of extreme poverty. Bretton Woods agreement

The World Bank’s main aim is to reduce poverty. Image: World Bank

Discover

How is the World Economic Forum ensuring sustainable global markets?

Global risks landscape: an interconnections map. Bretton Woods agreement

The world has to act collectively to tackle multiple interconnected risks. Image: World Economic Forum Global Risks Report 2023

Don't miss any update on this topic

Create a free account and access your personalized content collection with our latest publications and analyses.

License and Republishing

World Economic Forum articles may be republished in accordance with the Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International Public License, and in accordance with our Terms of Use.

The views expressed in this article are those of the author alone and not the World Economic Forum.