Fifty years on, the reform of the Bretton Woods institutions — the World Bank and the International Monetary Fund — has become a lively issue. The G-7 industrialized countries took a first bite at this subject during their Halifax Summit, and the debate continues. A group of experts from all continents met in Ottawa to give challenging advice to the summiteers and beyond, ranging from the view that the G-7 itself is in eclipse to an argument for turning the IMF into a central world bank. This book contains the seven papers and a summary of the discussion from that meeting, sponsored jointly by the International Development Research Centre and the North-South Institute.