was the bretton woods system a success?

  1. profile image45
    philosophyposted 7 years ago

    was the bretton woods system a success?

  2. Mr Tindle profile image80
    Mr Tindleposted 7 years ago

    Given the fact that most of the nations in the Bretton Woods system now find themselves in the middle of big Budget Crunches and many are on the path to devaluing their currencies, I don't think it was a tremendous success.

  3. Pconline profile image81
    Pconlineposted 7 years ago

    thank you for that question. the answer is to certain extent, at first, bretton woods system was successful to meet the current problem when it was formed. but we have to understand that economic trend is so dynamic in nature that as we proffer solution for immediate economic problem, we are definitely going to be faced by another tomorrow. thanks once for the question

 
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