What steps w,ere taken by the economists and politicians of the world to meet the global economic crisis that arose after the Second World War?

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What steps w,ere taken by the economists and politicians of the world to meet the global economic crisis that arose after the Second World War?

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Salim Ahmed Kawsar · Answer 1 · Feb 05, 2023 15:29:48

The steps taken are as follows :
(i) Bretton Woods Conference established IMF to deal with external surplus and deficit of its members.
(ii) The World Bank was set up to finance post-war reconstruction.
(iii) Bretton Woods system was based on fixed exchange rates.
(iv) A dollar was anchored to gold at a fixed price.

What steps w,ere taken by the economists and politicians of the world to meet the global economic crisis that arose after the Second World War?

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