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{{Short description|Pair of international financial institutions, the IMF and World Bank}} |
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The '''Bretton Woods twins''' refers to the two multilateral organizations created at the [[Bretton Woods Conference]] in 1944. They are: |
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The '''Bretton Woods twins''' refers to the two [[multilateralism|multilateral organization]]s created at the [[Bretton Woods Conference]] in 1944, namely the [[World Bank]] and the [[International Monetary Fund]].<ref>{{cite web |title=15 Most Important facts about IMF |url=https://www.jagranjosh.com/general-knowledge/most-important-facts-about-imf-1526381002-1 |website=Jagranjosh.com |access-date=12 October 2023 |date=15 May 2018}}</ref> Both twin organizations functioned to enact and maintain the [[Bretton Woods system]] of prescribed [[international currency]] [[exchange rate]]s. |
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==References== |
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Latest revision as of 01:58, 20 November 2023
The Bretton Woods twins refers to the two multilateral organizations created at the Bretton Woods Conference in 1944, namely the World Bank and the International Monetary Fund.[1] Both twin organizations functioned to enact and maintain the Bretton Woods system of prescribed international currency exchange rates.
References
[edit]- ^ "15 Most Important facts about IMF". Jagranjosh.com. 15 May 2018. Retrieved 12 October 2023.