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About The Creation of International Monetary System and The IMF
The document discusses the creation of the international monetary system and the IMF. It describes how the Bretton Woods system established a fixed exchange rate regime tied to the US dollar and gold in 1944. However, the system broke down in the early 1970s due to US trade deficits and inflation. The IMF was created in 1945 to help manage the international monetary system and provide financing to countries. It lends through programs with conditions to promote macroeconomic stability.
Detailed Information
| Author: | ['Mioara Ionela Ceauș-Mazîlu'] |
|---|---|
| Publication Year: | 2018 |
| Pages: | 12 |
| Language: | English |
| Format: | |
| Price: | FREE |
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