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THE BRETTON WOOD

SYSTEM
Presented By:
Shane Mariel R. Maaño
BTLED I
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WHAT IS BRETTON WOOD
SYSTEM?
It was the first system used to control the value of
MONEY in the different countries, it means that each
country had to have a MONITARY POLICY that
kept the EXCHANGE RATE within the fixed value
of Plus+ or minus- 1% in terms of gold.
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BACKGROUND OF THE
BRETTON WOOD SYSTEM
BACKGROUND OF THE
WHAT BRETTON WOOD BRETTON WOOD SYSTEM
SYSTEM DO? The major economies had suffered because of World War I
, the great depression in the 1930s, and World War II. Why?
THE THREE INSTITUTIONS OF
BRETTON WOOD Because of the fear of the recurrence of lack of cooperation
among nation-states, political instability, and economic
FIVE ELEMENTS OF BRETTON turmoil especially after the Second World War, reduction of
WOOD SYSTEM
Barrie's to trade and free flow of money among nations are
became the focus to restructure the world economy and
ensure global financial stability.
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BACKGROUND
BACKGROUND OF
OF THE
THE
BRETTON
BRETTONWOOD
WOOD SYSTEM
SYSTEM
WHAT BRETTON WOOD
WHAT
WHATBRETTON
BRETTONWOOD
SYSTEM
WOOD
SYSTEM DO?
DO?
SYSTEM DO?
It created a collective international currency
THE THREE
exchange REGIME lasted from the mid 1940's to
INSTITUTIONS OF the early 1970's. The Bretton wood system
BRETTON WOOD
requires the currency peg to the US dollar which
FIVE ELEMENTS OF
BRETTON WOOD SYSTEM was the pegged turned into a piece of GOLD
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THE THREE INSTITUTIONS OF BRETTON
WOOD
INTERNATIONAL THE WORLD WORLD TRADE
MONETARY FUND BANK ORGANIZATION
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BACKGROUND OF THE
BRETTON WOOD SYSTEM
FIVE ELEMENTS OF BRETTON WOOD
WHAT BRETTON SYSTEM
1. The expression of currency in terms of gold or gold value
WOOD SYSTEM DO? to establish a par value.
2. The official monetary authority in each country
THE THREE INSTITUTIONS
OF BRETTON WOOD
3. The establishment of an overseer for these exchange
rates; thus, the International Monetary Fund (IMF) was
FIVE ELEMENTS OF founded
BRETTON WOOD SYSTEM 4. Eliminating restrictions on the currencies of member
states in the international trade
5. The U.S dollar became the global currency.
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IN CONCLUSION BRETTON INSERT

WOOD SYSTEM IS???? VIDEO/PICTUR
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