Is Bretton Woods fit for the 21st century?
The Star Online - Business·2024-09-07 08:01
IN July 1944, delegates from 44 countries gathered in the United Nations (UN)-sponsored Conference in Bretton Woods, New Hampshire to decide on a post-World War II monetary and financial order.
In its closing speech, then US Treasury Secretary Henry Morgenthau concluded that the conference succeeded in addressing the twin “economic evils — the competitive currency devaluation and destructive impediments to trade” that led to the war.
……Read full article on The Star Online - Business
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