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Bretton Woods II
The New Global Economic Architecture for the 21st Century

The World Beyond the Stock Market Crash
of October 2008, 79 years on from 1929

London, UK - 24th October 2008, 09:55 GMT

Dear ATCA Colleagues

[Please note that the views presented by individual contributors are not necessarily representative of the views of ATCA, which is neutral. ATCA conducts collective Socratic dialogue on global opportunities and threats.]

"Bretton Woods II" is a term used to describe the proposed international summit tasked with overhauling the globe's financial structure and architecture. The name refers to the Bretton Woods system of monetary management which was instituted towards the end of World War II in 1944 at the United Nations Monetary and Financial Conference. The first meeting is likely to occur as early as November 15, 2008 in the US. Calls for a new Bretton Woods began surfacing in 2008 on September 26 when French, and current European Union President, Nicolas Sarkozy, said, "We must rethink the financial system from scratch, as at Bretton Woods." On October 13, British Prime Minister Gordon Brown said world leaders must meet to agree to a new economic system. "We must have a new Bretton Woods, building a new international financial architecture for the years ahead." Mr Sarkozy and US President George W Bush met on October 18 to discuss the possibility of a global financial summit. The meeting ended with an American offer to host a global summit after the US Presidential elections in early November modelled on the 1944 Bretton Woods accord. At the start of Bretton Woods in 1944, the then US President Franklin Delano Roosevelt said in his opening remarks, "The economic health of every country is a proper matter of concern to all its neighbours, near and far."

Bretton Woods -- The Historical Context

[CONTINUES] [ATCA Membership]

Bretton Woods II -- The Future Agenda

[CONTINUES] [ATCA Membership]

[ENDS]

We welcome your thoughts, observations and views. Thank you.

Best wishes


ATCA: The Asymmetric Threats Contingency Alliance is a philanthropic expert initiative founded in 2001 to resolve complex global challenges through collective Socratic dialogue and joint executive action to build a wisdom based global economy. Adhering to the doctrine of non-violence, ATCA addresses asymmetric threats and social opportunities arising from climate chaos and the environment; radical poverty and microfinance; geo-politics and energy; organised crime & extremism; advanced technologies -- bio, info, nano, robo & AI; demographic skews and resource shortages; pandemics; financial systems and systemic risk; as well as transhumanism and ethics. Present membership of ATCA is by invitation only and has over 5,000 distinguished members from over 120 countries: including 1,000 Parliamentarians; 1,500 Chairmen and CEOs of corporations; 1,000 Heads of NGOs; 750 Directors at Academic Centres of Excellence; 500 Inventors and Original thinkers; as well as 250 Editors-in-Chief of major media.

The Philanthropia, founded in 2005, brings together over 1,000 leading individual and private philanthropists, family offices, foundations, private banks, non-governmental organisations and specialist advisors to address complex global challenges such as countering climate chaos, reducing radical poverty and developing global leadership for the younger generation through the appliance of science and technology, leveraging acumen and finance, as well as encouraging collaboration with a strong commitment to ethics. Philanthropia emphasises multi-faith spiritual values: introspection, healthy living and ecology. Philanthropia Targets: Countering climate chaos and carbon neutrality; Eliminating radical poverty -- through micro-credit schemes, empowerment of women and more responsible capitalism; Leadership for the Younger Generation; and Corporate and social responsibility.



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