Describe the key institutions of the Bretton Woods system

Origins and Foundations of the Modern World Economy



Describe the key institutions of the Bretton Woods system.  How did they evolve over time?  Are these institutions still necessary or relevant in today’s globalized economy?



Instructions: Your initial post should be at least 500 words. Please respond to at least two other students. Responses should be a minimum of 250 words.  All three required posts should be supported by course readings using parenthetical references

Reading resources:

  • Schenk, Catherine R. 2011. International Economic Relations Since 1945. n.p.: Routledge, 2011. Pp. 1-54.
  • HELLEINER, ERIC. 2010. A Bretton Woods moment? The 2007–2008 crisis and the future of global finance. International Affairs 86, no. 3: 619-636.
  • Eichengreen, Barry. 1999. Chapter 2: The Political Economy of the Smoot-Hawley Tariff. In International Political Economy, 37-46. n.p.: 1999.

Solution

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