What is the similarities of Washington consensus and bretton wood system?
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In the Bretton Woods summit, delegates from 44 nations met in Bretton Woods, New Hampshire (United States), in July 1944. This chapter illustrates how the meeting designed a new international financial architecture that could help reconstruct a devastated Europe and foster world trade after the protectionism that emerged in the interwar period 1918 to 1939, and more precisely in the Great Depression that followed Black Monday of 1929.
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