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References in periodicals archive ?
The Bretton Woods' delegates were ardent proponents of free trade.
The Bretton Woods system was, however, overwhelmed--the world faced a global 'dollar shortage' owing to the massive trade imbalances between the United States and the war-devastated economies of Asia and Europe.
Earlier, Dr Muhammad Ramzan threw ample light on the history and establishment of Bretton Woods Institutions (IMF and the World Bank).
The Bretton Woods II Leaders List is a ranking of the most responsible sovereign wealth and government pension funds globally, based on a comprehensive analysis of over 120 funds, comprising US$20 trillion in assets.
Still, it is worth looking back to the Bretton Woods conference, which responded to the interwar backlash against globalization by treating poverty, autarky, and war as causally interlinked phenomena.
Despite these tectonic shifts, attempts to reform the Bretton Woods institutions have so far been fragmented and uncoordinated.
"What I have in mind (is that we) will eventually require a new international agreement along the lines of Bretton Woods, and some reinterpretation of the mandates of internationally influential central banks," he said in a commentary posted on the website of Project Syndicate.
The Bretton Woods Conference of 1944 was a milestone in modern history.
When the Asian Infrastructure Investment Bank (AIIB) was first proposed by China in 2013, the Bretton Woods institutions (the World Bank and International Monetary Fund) were immediately wary.
Seventy one years ago at Bretton Woods, at the United Nations Monetary and Financial Conference, 730 delegates from all 44 Allied nations gathered from July 1 to 22 1944, to regulate the international monetary and financial order after the conclusion of the Second World War.
On July 1, 1944, delegates from 44 nations came together in Bretton Woods, New Hampshire, to work out arrangements for a new international monetary and financial order.