Summary Of "International Economy & The IMF" By Bernardo Lalanne - UNIVERSITY SUMMARIES - E-book - ePub

We have summarized the essential of this book by the author.       The contemporary international economic system arises at the end of the2nd World War, and in general terms it is made up of 2 subsystems: the Commercial system that organizes and guides the real economic relations and, the financial system that frames the creation of nominal flows. The economic link is made through international institutions.
Countries which they adhere, and in this way an internal order is created. As a result of the Bretton Woods agreements, New Hampshire 7/1944 the following organisms arise:- The International Bank for Reconstruction and Development (IBRD), known in the past as the World Bank.- The General Agreement on Tariffs and Trade (GATT).- The International Monetary Fund (IMF).