POL101Y1 Study Guide - Final Guide: Bretton Woods Conference, September 11 Attacks, Maastricht Treaty
Document Summary
Signed by the founding fathers of the asean: indonesia, malaysia, philippines, Their aim is to accelerate the economic growth, social progress and cultural development in the region. To promote regional peace and and to promote south asian studies. The asean wants to main close and beneficial cooperation with existing regional organizations. A monetary system that was created after ww2, established the rules for commercial and financial relations among the world"s major industrial states. It create the imf and the world bank (used to known as ibrd) To cause economic stability and international currency stabilization. Obligated to adopt a monetary policy to each country and maintain its currencies with in a fixed value, in terms of gold. Hence this caused trade to happen and that have boosted trade balances value upwards. The period of conflict, tension and competition between the united states and the soviet union and their respective allies from the mid-1940s until the early.
