Development Futures: The case for an Indo-Pacific Economic Resilience Bank

Eighty years ago, the Bretton Woods agreement shaped the global financial system to build a better world. While its institutions remain vital, they are struggling to meet today’s challenges — climate change, economic insecurity, and a multi-trillion-dollar development financing gap. In this podcast, Lowy Institute researchers Alexandre Dayant, Michelle Lyons and Roland Rajah explore the proposal for an Indo-Pacific Economic Resilience Bank (IERB) — a bank that will aim to diversify critical supply chains, reduce China’s dominance in clean energy, and mobilise new capital for the clean energy transition in the Indo-Pacific. Read and download the Lowy Institute Analysis The case for an Indo-Pacific Economic Resilience Bank by Michelle Lyons, Roland Rajah and Grace Stanhope.See omnystudio.com/listener for privacy information.