Wednesday, June 29, 2016

How the global economic system got stabilised post Second World War ..

Washington Hotel, Bretton Woods ..
Towards the end of the second World War, in 1944, global nations got together at Bretton Woods New Hampshire to discuss on how to stabilise the global economy and the economy of the individual allied nations. 

The United Nations played a key role in this meeting and hence it was called the United Nations Monetary and Financial Conference, also called the Bretton Woods Conference as it was held in Bretton Woods.. 


Youtube video explaining the Bretton Woods System ..

Bretton Woods Conference July 1-22, 1944 explained here ..

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