POLD89H3 Study Guide - Final Guide: Core Countries, Freaked, Non-Governmental Organization

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Document Summary

A geopolitical and economic organization of several countries located in southeast asia. Formed as a display of solidarity against communism, its aims now have been redefined and broadened to include the acceleration of economic growth and the promotion of regional peace. Indonesia, malaysia, vietnam: bretton woods system. The regulatory system introduced at the end of ww2 in an attempt to bring stability to those elements of the world economy under the. Us sphere of influence: avoid another great depression, repair european economies. Underlying objective was to provide sufficient policy space within domestic economies for governments to intervene in the interests of ensuring full employment. Created 3 institutions: imf, world bank, and the wto. First example of a fully negotiated monetary order intended to govern monetary relations among independent nation-states: cold war. Extended worldwide conflict between communism and capitalism that is normally taken to have begun in 1947 and ended in 1989 with the collapse of the ussr power in europe.