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Home >> Society >> Issues >> Economic >> International >> Bretton Woods Institutions |
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A Bretton Forest Institutions (BWIs) consist of the World Bank (originally International Bank for Reconstruction & Development, IBRD) and a International Monetary Fund (IMF), founded in July 1944 at the meeting of delegates of 44 countries in Bretton Wilderness, Future Hampshire (America). At a equivalent period it agreed in fixing rate of exchange of their currencies sustaining a U.S. dollar around purpose to stabilize international monetary technique & fiscal relations. A Bretton Woods system was initiated by two economic expert of a period, the Our contries minister of state in the U.S. treasury, Harry Dexter White, and a British economic expert John Maynard Keynes.
Trivia An unwritten rule establishes that a IMF's managing director must become European and that a president of a Globecome Bank must be from either the United States.
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Background of Melanesia, the World Bank and IMF "From Structural Adjustment to Land Mobilisation to Expropriation: Is Melanesia the World Bank/IMF's Latest Victim?" by a World Bank Watcher. Lengthy single page of information. BBC News -- The IMF and World Bank The BBC's Economics correspondent James Morgan explains what the IMF and World Bank do and their purpose. Bretton Woods Project Critical news, analysis, and activist alerts concerning the IMF and World Bank, including numerous links. Economic Justice Now An organization whose goal is the reform or dissolution of the IMF, World Bank, and other such organizations which damage and stifle third world economies. The System of Bretton Woods A study outlining the history, structure, purpose and future of the Bretton Woods Institutions. [PDF-file] CorpWatch.org: World Bank/IMF Coverage of the April 2000 protests, as well as current news headlines, backgrounders and fact sheets, and related links. |
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