The Bretton Woods policies

When were the Bretton Woods institutions founded?

• 1939

• 1944

• 1951

• 1960

Which of the following is NOT one of the Bretton Woods institutions mentioned in the article?

•    World Bank

•   International Monetary Fund

  (IMF)

•    World Trade Organization

  (WTO)

• International Finance Corporation

  (IFC)

According to the article, what role did the IMF start to strengthen from the 1980s onwards?

• Lending policies

•    Audit function

• Research and development

• Policy advocacy

What economic model was predominantly applied in developed capitalist countries until the late 1970s?

•  Keynesianism

• Monetarism

• Marxism

• Neoliberalism

 How did the oil crises in the 1970s impact the economic model postwar, according to the article?

•  Led to increased state regulation

• Strengthened public ownership

• Signaled the decline of Keynesianism

• Had no significant impact

Which institution encourages private sector investments by compensating for losses in case governments cancel agreements?

•  World Bank

•  IMF

•    IFC

• MIGA

What is the main argument presented in the article regarding the relationship between politics and economic decisions by the Bretton Woods institutions?

• Politics should not influence economic decisions

• Economic decisions should be detached from political processes

• Politics and economics are inherently intertwined

• Economic decisions should always align with political interests

 How do the Bretton Woods institutions view the role of the private sector in state policies, according to the article?

• Encourage state control over private investments

• Advocate for a complete separation of private and public sectors

• Promote private-public sector collaboration

• Discourage private sector involvement in state policies

 What significant global changes occurred in the 1970s, as mentioned in the article?

•    Shift from market to state control

• Transformation from state to market

•    Transition from privatization to nationalization

•    Increase in government intervention in the economy

How do the Bretton Woods institutions attempt to displace the political element from their programs and decisions?ccurred in the 1970s, as mentioned in the article?

• By detaching economic decisions from political processes

• By increasing political influence

•    By involving more state representatives

•    By promoting political ideologies in economic policies