The Bretton Woods system established the U.S. dollar as the world’s currency in the post-World War II global economy. As Allied forces viewed that the war was coming to an end, representatives ...
In the Bretton Woods period, all countries grew. In the late 1990s, in the new era of globalization, there was a dramatic catch-up by emerging market economies (see Chart 1). In France, the postwar ...
They discussed the creation of an international monetary system—which became known as the Bretton Woods System—aimed at providing stability to the world’s economy after the war. The ...