ABSTRACT
The animating impulse of this proposal for the reconstruction of the Bretton Woods system is the belief that the world economy needs more, not less, of all the benefits Bretton Woods was designed to provide through international coordination and supranational institutions. However, the world cannot get what it needs without a much bolder set of institutional innovations in the arrangements for international economic coordination than the global staffer class and its political patrons have so far been willing to countenance or even to imagine. There are two main problems with the present design.
