Question

Do the Bretton Woods institutions still play a positive role in international relations? Why or why not?

Answer 1

Answer - Yes the Bretton woods institutions still play a very important role in the international relations.

These two institutions are the WORLD BANK AND THE INTERNATIONAL MONETARY FUND.

These two institutions provide the financial aid to the nations of the world.

The world bank and the international monetary fund provides the financial aid to the needy nations. They aslo work towards the development of the various aspects in the developing and the under developed nations. The nations who do not have the sufficient domestic financial resources can approach these institution. These institutions were established to increase the efficiency of the BRETTON WOODS SYSTEM.