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Bretton Woods Conference

Bretton Woods Conference, IMF, and World Bank (IBRD): Foundations of the Modern Global Economic Order

Admin018 mins

Introduction The end of the Second World War marked not only a turning point in political and military history but also in the evolution of the world’s economic system. The economic instability and depression that followed World War I had shown that uncoordinated monetary policies and trade rivalries could lead to global chaos. To avoid…

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US Dollar on international market

Why Strong Countries Still Use the US Dollar in International Trade: A Historical, Economic, and Geopolitical Perspective

Admin013 mins

Introduction In the modern global economy, the United States dollar (USD) has become the backbone of international trade, finance, and investment. Whether it is oil trading in the Middle East, raw materials in Africa, or manufactured goods in Asia, the dollar dominates global transactions. Surprisingly, even economically strong and politically influential countries — such as…

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