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  1. Study IQ education 2 years ago

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  2. Juhi Verma[J.V] 2 years ago

    Good morning sir 🙏 😊
    The Bretton Woods Institutions are the World Bank and the International Monetary Fund ( IMF ) . They were set up at a meeting of 43 countries in Bretton Woods, New Hampshire, USA in July 1944. Their aims were to help rebuild the shattered postwar economy and to promote international economic cooperation. At the conference, member nations agreed to create a family of
    institutions to address critical issues in the international financial system.
    The original Bretton Woods agreement also included plans for an International Trade Organisation (ITO) but these lay dormant until the World Trade Organisation (WTO) was created in the early 1990s.

  3. Ajmal K 2 years ago

    Thank you sir

  4. anoop morya 2 years ago

    The Bretton Woods Institutions are the World Bank, and the International Monetary Fund (IMF). They were set up at a meeting of 43 countries in Bretton Woods, New Hampshire, USA in July 1944. Their aims were to help rebuild the shattered postwar economy and to promote international economic cooperation. The original Bretton Woods agreement also included plans for an International Trade Organisation (ITO) but these lay dormant until the World Trade Organisation (WTO) was created in the early 1990s.

    The creation of the World Bank and the IMF came at the end of the Second World War. They were based on the ideas of a trio of key experts – US Treasury Secretary Henry Morganthau, his chief economic advisor Harry Dexter White, and British economist John Maynard Keynes. They wanted to establish a postwar economic order based on notions of consensual decision-making and cooperation in the realm of trade and economic relations. It was felt by leaders of the Allied countries, particularly the US and Britain, that a multilateral framework was needed to overcome the destabilising effects of the previous global economic depression and trade battles.

    In his opening speech at the Bretton Woods conference, Henry Morganthau said the “bewilderment and bitterness” resulting from the Depression became “the breeders of fascism, and finally, of war”. Proponents of the new institutions felt that global economic interaction was necessary to maintain international peace and security. The institutions would facilitate, in Morganthau’s words, “[the] creation of a dynamic world community in which the peoples of every nation will be able to realise their potentialities in peace”.

    The IMF would create a stable climate for international trade by harmonising its members’ monetary policies, and maintaining exchange stability. It would be able to provide temporary financial assistance to countries encountering difficulties with their balance of payments. The World Bank, on the other hand, would serve to improve the capacity of countries to trade by lending money to war-ravaged and impoverished countries for reconstruction and development projects.

  5. Rishav Rajput 2 years ago

    The Bretton Woods Institutions are theWorld Bank, and the International Monetary Fund ( IMF ). They were set up at a meeting of 43 countries in Bretton Woods, New Hampshire, USA in July 1944. Their aims were to help rebuild the shattered postwar economy and to promote international economic cooperation. They all setup fixed exchange rates with dollar as the international reserves currency…on 15th august 1971 pres richard nixon of us replaced that system with his new economic policy

  6. DANISH IQBAL 2 years ago

    Good morning sir..have a nice day

  7. human being !! 2 years ago

    best explaination sir.

  8. shashi kala 2 years ago

    Bretton Woods institution
    are the World Bank and international monetary fund.
    they were set up at the meeting o f 43 countries in Bretton Woods , USA in 1944
    aim: to help rebuild the shattered postwar economy and to promote international economic cooperation

  9. Krishna Rao 2 years ago

    The Bretton Woods Institutions are theWorld Bank, and the International Monetary Fund ( IMF ). They were set up at a meeting of 43 countries in Bretton Woods, New Hampshire, USA in July 1944. Their aims were to help rebuild the shattered postwar economy and to promote international economic cooperation.

  10. nikhil pamarthi 2 years ago

    Bretton Woods institutions are IMF and WORLD BANK

  11. RAJZZ RAJPUT 2 years ago

    Thanku sir…..!🙏

  12. Kuldeep singh 2 years ago

    your obesevations are really commendable, because the way you start the things from strategic view point to tactical one explaining all the practical possibbilties on ground level. Sometimes I am amazed your of explanations!!!! Thanks to god that people like you are there on the earth.

  13. Divya Sharma 2 years ago

    brazenly- in a bold or shameless way
    flaunt-show off
    dominate-overpower
    kingpin-main culprit
    perceive-view in a subjective manner

  14. Divya Sharma 2 years ago

    bretton woods institution
    backdrop:world war 1 and great depression of 1930s
    aim:post wat recontruction ,currency and exchange rate management
    twins:IMF and WB(INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMEnT)
    convened on:july 1944
    member countries: 43

  15. Niranjan S 2 years ago

    ✔Where?

    In Bretton Woods, New Hampshire in1944 during the United Nations Monetary and Financial Conference at the Mount Washington Hotel <That’s why IMF and World Bank are known as Bretton Woods twins>

    The aim was to help rebuild the shattered post-war economy ( WW2 had just finished in 1945) and to promote international economic cooperation.

    ↪Origins of Bretton Woods

    ✔Political origin lies in 2 key conditions –

    Shared experiences of 2 World Wars, with the sense that failure to deal with economic problems after the first war had led to the second <Treaty of Versailles demanding massive reparation amount from Germany  being the cause of collapse of German economy and Hitler’s rise to power>The concentration of power in a small number of states (US and Western Europe)

    ✔Members of Bretton Woods Family aka Bretton Woods Twins

    #1. International Monetary Fund(IMF) – To maintain global financial stabilitythrough technical assistance, training, and loans to member states to tide over short term balance of payment crisis

    #2. World Bank (WB) Group – Consisting of 5 agencies which provides vital financial and technical assistance to developing countries around the world to reduce global poverty

  16. Basavaraj Sh 2 years ago

    Thanks sir

  17. kanika tripathi 2 years ago

    brazenly – bold in a shamless way, flaunt – show off, dominate – to govern , kingpin – a person who is the one responsible for the sucess of the organisation, perceived – to recognize or identify
    brettonwood instituitons are imf and world bank they are also called as bretton woods twins they came into existence in the wake post world war 2 situation to stable the world economies by engaging themselves in trade.

  18. Anupama Pandey 2 years ago

    Thank you sir

  19. Shravan Kumar 2 years ago

    1)Vocabulary:
    1)Brazenly- In a bolt and shameless way.
    2)Flaunt- Dress or behave in a sexually provocative way.
    3)Dominate- Have power and Influence over.
    4)Kingpin-A main or large bolt in a Central position.
    5)Perceive- Become aware or Conscious of(Something);Come to realise or understand.
    2)Research Topic-
    Bretton woods institutions:-
    The Bretton woods institutions are the World Bank,and International Monetary Fund(IMF).They were set up at a meeting of 43 countries in Bretton woods,New Hampshire,USA in July 1944.Thier aims were to help rebuild the shattered post war economy and to promote international economic cooperation.
    Thank you sir.

  20. Nishanth S 2 years ago

    Never stop this…. It's very helpful

  21. Vinitha Gopal 2 years ago

    Bretton wood institutions are IMF and world Bank set up after world war 2 as a result of the bretton woods conference with 44 countries inorder to stabilizer the economy and help in improving the global growth. Although they look similar with same headquarters at Washington with 189 members, there are still some differences:
    IMF was started to Balance foreign exchange that the currency value with that of the dollar inorder to stabilise global trade and to give short term loans by the form of quotas from majorly us, china, uk etc.. where as world Bank was set up as an international bank for reconstruction and development with a aim of providing financial assistance to members countries especially during world war to build up Europe
    The IMF employees are about 2000 to 3000 whereas world Bank has about 10000 employees
    And the major borrowers of IMF include Ukraine and other countries but as world Bank aims at financial assistance it includes Africa and east Pacific region
    The voting power of IMF are based on quotas that is allocated on the basis of relative economic position, this is reviewed already 5 years once and if quotas exceed and it is split and when one such review took place in 2010 India has its quota high from 2.34 to 2.44 and china from 3 to 6 with Russian and Brazil too increasing thus in turn it helped in BRICS new development bank financing and the BRICS countries had Alos become the one of 10 largest share holders in whereas world bank the voting rights are according to the share acquired

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