(ii) In what ways can G-77 be seen as a reaction to the activities of the Bretton Woods Twins ? -History

(ii) In what ways can G-77 be seen as a reaction to the activities of the Bretton Woods Twins ? -History
by

1 Answer

Answer :

  G-77 countries is an abbreviation for the group of 77 countries that demanded a new international economic order (NIEO); a system that would give them real control over their natural resources, without being victims of neo-colonialism, that is, a new form of colonialism in trade practised by the former colonial powers. The G-77 can be seen as a reaction to the activities of the Bretton Woods twins (the International Monetary Fund and the World Bank) because these two institutions were designed to meet the financial needs of industrial and developed countries, and did nothing for the economic growth of former colonies and developing nations.
by

Related questions

G-77 can be seen as a reaction to the activities of Bretton Woods Twins. -SST 10th

Description : G-77 can be seen as a reaction to the activities of Bretton Woods Twins. -SST 10th

Last Answer : (i) The Bretton Woods Twins - the IMF and the World Bank were dominated by the former colonial powers As a result, most developing countries did not benefit from the fast growth that the ... (v) They also wanted a better opportunity for their manufactured goods in the markets of developed nations.

Q.5. What is meant by the Bretton Woods Agreement ? -History

Description : Q.5. What is meant by the Bretton Woods Agreement ? -History

Last Answer : The main aim of the post-war international economic system was to preserve economic stability and full employment in the industrial world. The United Nations Monetary and Financial Conference held in July 1944 ... powers. The US has an effective right of veto over key IMF and World Bank decisions.

Who is referred to as the ‘Bretton Woods twins’? -SST 10th

Description : Who is referred to as the ‘Bretton Woods twins’? -SST 10th

Last Answer : The Bretton Woods twins refers to the two multilateral organizations created at the Bretton Woods Conference in 1944. They are: The World Bank and the International Monetary Fund (IMF).

What is meant by the Bretton Woods Agreement ? Explain. -SST 10th

Description : What is meant by the Bretton Woods Agreement ? Explain. -SST 10th

Last Answer : The Bretton Woods Conference took place in the July of 1944 at Bretton Woods in New Hamsphire, USA. Under this system, the International Monetary Fund (IMP) and the International Bank for Reconstruction ... capital flows. (iv) All member countries were required to subscribe to the IMF's capital.

What were the impacts of the Bretton Woods system ? Explain. -SST 10th

Description : What were the impacts of the Bretton Woods system ? Explain. -SST 10th

Last Answer : (i) Bretton Woods system inaugurated an era Of unprecedented growth of trade and income for the Western industrial nations and Japan. (ii) It provided a big boost to the world ... Therefore, they invested vast amounts of capital, importing industrial plans and equipment featuring modern technology.

What were the factors which were responsible for the end of the Bretton Woods system ? -SST 10th

Description : What were the factors which were responsible for the end of the Bretton Woods system ? -SST 10th

Last Answer : (i) The Decline of US Currency: After 1960s, the US was no longer the dominant economic power as it had been for more than two decades The US dollar now no longer commanded ... China. Thus they became attractive destinations for investment by foreign MNCs competing to capture the world markets.

Name any two world institutions which were established under the Bretton Woods. -SST 10th

Description : Name any two world institutions which were established under the Bretton Woods. -SST 10th

Last Answer : (i) International Monetary Fund. (ii) World Bank. Objective : (a) IMF To deal with external surpluses and deficits o! its member nations. (b) IBRD -To finance post-war reconstruction.

Name any two world institutions which were established under the Bretton Woods. -SST 10th

Description : Name any two world institutions which were established under the Bretton Woods. -SST 10th

Last Answer : (i) International Monetary Fund. (ii) World Bank.

What is difference between international momentary system and the Bretton Woods system? -SST 10th

Description : What is difference between international momentary system and the Bretton Woods system? -SST 10th

Last Answer : The international monetary system is the system linking national currencies and monetary system whereas the Bretton Woods system was based on fixed exchange rates.

Why did the Bretton Woods Institution begin to shift its attention more towards developing countries? -SST 10th

Description : Why did the Bretton Woods Institution begin to shift its attention more towards developing countries? -SST 10th

Last Answer : . The IMF and the World Bank were designed to meet the financial needs of the industrial countries. . They were not equipped to cope with the challenge of poverty and lack of ... the late 1950s, the Bretton Woods Institution began to shift its attention more towards developing countries.

How did the Bretton Woods system collapse giving birth to Globalisation? -SST 10th

Description : How did the Bretton Woods system collapse giving birth to Globalisation? -SST 10th

Last Answer : Despite years of stable and rapid growth, not all was well in the post-war world. From the 1960s, the rising cost of US overseas involvement weakened its financial and its competitive strength. ... to the collapse of fixed exchange rates and the introduction of a system of floating exchange rates.

What is meant by the Bretton Woods System? Explain. -SST 10th

Description : What is meant by the Bretton Woods System? Explain. -SST 10th

Last Answer : The Bretton Wood system was an attempt to preserve economic sterility and full employment in the industrial world. It established the International Monetary Fund to deal with external surpluses and deficits of ... price of $ 35 per ounce of gold. It linked natural currencies and monetary system.

Discuss the factors that led to the end of Bretton Woods system and the beginning of globalization. -SST 10th

Description : Discuss the factors that led to the end of Bretton Woods system and the beginning of globalization. -SST 10th

Last Answer : (i) End of Bretton Woods came with the US dollar no longer commanding confidence in the world's principal currency. From 1960's the rising cost of overseas investment weakened the US ... has been transformed as countries such as India,China and Brazil have undergone rapid economic transformation.

When was the Bretton Woods conference convened? -SST 10th

Description : When was the Bretton Woods conference convened? -SST 10th

Last Answer : (i) The Bretton Wood Conference was convened in July, 1944 at Bretton Woods in New Hampshire, U.S.A. (ii) Its main aim was to preserve economic stability and full ... established International Monetary Fund (IMF) and the International Bank for Reconstruction and Development (World Bank).

Discuss the factors that led to the end of Bretton Woods System and the beginning of globalization. -SST 10th

Description : Discuss the factors that led to the end of Bretton Woods System and the beginning of globalization. -SST 10th

Last Answer : The important reasons behind the end of Bretton Woods system are: (i) Decline in economic power of the USA. (ii) Change in the international financial system. (iii) Unemployment in ... wages. (v) Changes in China: China became an attraction destination for investment by foreign MNCs.

Which organization was established as the Bretton Woods Conference in 1944? -Do You Know?

Description : Which organization was established as the Bretton Woods Conference in 1944? -Do You Know?

Last Answer : answer:

What is the Bretton Woods Conference ?

Description : What is the Bretton Woods Conference ?

Last Answer : The Breton Woods Conference is a United Nations conference on currency and finance held in July 1944 in Bretton Woods, New Hampshire, USA. At that conference, it was decided to create two institutions: the IMF and the International Bank for Reconstruction and Development.

The Bretton Woods Agreement of 1944 established a monetary system based on A. Gold and managed floating exchange rates B. Gold and adjustable pegged exchange rates C. Special Drawing Rights and managed floating exchange rates D. Special Drawing Rights and adjustable pegged exchange rates

Description : The Bretton Woods Agreement of 1944 established a monetary system based on A. Gold and managed floating exchange rates B. Gold and adjustable pegged exchange rates C. Special Drawing Rights and managed floating exchange rates D. Special Drawing Rights and adjustable pegged exchange rates

Last Answer : B. Gold and adjustable pegged exchange rates

What was Wood’s Despatch? What were its provisions? -History

Description : What was Wood’s Despatch? What were its provisions? -History

Last Answer : The Court of Directors of the East India Company in London sent an educational despatch to the Governor- General in India in the year 1854. As the despatch was issued by Charles Wood, the ... ways of life because this would change their tastes and desires and create a demand for British goods.

What measures were taken by the British after issuing of Wood’s Despatch? -History

Description : What measures were taken by the British after issuing of Wood’s Despatch? -History

Last Answer : Following measures were taken: Education departments of the government were set up to extend control over all matters regarding education. A system of universities education was introduced. Universities were ... . Attempts were also made to bring about changes within the system of school education.

Discuss the extent to which: (a) hunting and (b) constructing shelters would have been facilitated by the use of language. What other modes of communication could have been used for these activities? -History

Description : Discuss the extent to which: (a) hunting and (b) constructing shelters would have been facilitated by the use of language. What other modes of communication could have been used for these activities? -History

Last Answer : Use of language helped hunting activities of human beings in numerous ways: Now people are in a position of organizing and managing hunting expeditions They are now free to exchange their ideas ... walls and on the ceilings of caves were the other modes of communication used for various activities

Q.5. What forms of entertainment came up in the nineteenth century England to provide leisure activities for the people? -History

Description : Q.5. What forms of entertainment came up in the nineteenth century England to provide leisure activities for the people? -History

Last Answer : (i) London Season: For wealthy Britishers, there had long been an annual ‘London Season. Several cultural events, such as the opera, the theatre, and the classical music performances were organised for ... holidays by the sea. so as to derive the benefits of the sun and the bracing winds.

What were the main activities of the Khonds living in the forests of Orissa? -History

Description : What were the main activities of the Khonds living in the forests of Orissa? -History

Last Answer : The Khonds were basically hunter-gatherers. They regularly went out on collective hunts and then divided the meat amongst themselves. They ate fruits and roots collected from the forest and cooked ... and sold forest produce in the local markets. All their activities were based on forests.

Mention different types of activities of the tribal people. -History

Description : Mention different types of activities of the tribal people. -History

Last Answer : Some practiced jhum cultivation, Some were hunter-gatherers. Some herded animals. Some took to settled cultivation.

Have you seen this history documentary?

Description : Have you seen this history documentary?

Last Answer : I’m on my phone right now, so I can’t check the accuracy of my memory, but I believe Cuba was under the protection, and therefore under the flag of the U.S. for a number of years after that war. I’ll look it up some time in the next 12 hours and verify or correct.

If you have seen craftspersons at work, describe in a short paragraph what they do. -History

Description : If you have seen craftspersons at work, describe in a short paragraph what they do. -History

Last Answer : Craftspersons at Work: (a) Different crafts persons work in villages and cities. For example, blacksmiths, goldsmiths, carpenters, potters, weavers, etc. (b) Craftsmen get the raw material from ... country or to other countries where they were demanded by the people or foreign traders or nationals.

What German dance, which sees partners spinning together in close contact, was condemned as depraved when it was first seen in Regency society? -History

Description : What German dance, which sees partners spinning together in close contact, was condemned as depraved when it was first seen in Regency society? -History

Last Answer : Regency dance

In what ways was the Birsa movement significant? -History

Description : In what ways was the Birsa movement significant? -History

Last Answer : The Birsa movement was significant in two ways: It forced the colonial government to introduce laws so that the land of the tribals could not easily be taken over by dikus. It showed once again ... rule. They did this in their own specific way, inventing their own rituals and symbols of struggle

List (he Junctions performed by men and women who live in your city and village. In what ways are these similar to those performed by people who lived in Mathura? In what ways are they different? -History

Description : List (he Junctions performed by men and women who live in your city and village. In what ways are these similar to those performed by people who lived in Mathura? In what ways are they different? -History

Last Answer : In our city (or in our village) different types of functions such as domestic, officials, related with government posts or departments are performed by men and women as their daily routine. Mathura. ... -members but now in cities or villages people do work to meet their daily needs or expenses.

5. List three ways in which hunter-gatherers used fire. Would you use fire for any of these purposes today? , -History

Description : 5. List three ways in which hunter-gatherers used fire. Would you use fire for any of these purposes today? , -History

Last Answer : Hunter-gatherers used fire as a source of light. They used fire to cook meat or food. They used fire to scare away animals also. Fire keeps him or her warm. (b) Yes, fire is used as a source ... . We also use it to keep us warm. Some people use it for religious purposes and bum their dead bodies.

3. Why did the hunter-gatherers travel from place to place? In what ways are these similar to/different from the reasons for which we travel today? -History

Description : 3. Why did the hunter-gatherers travel from place to place? In what ways are these similar to/different from the reasons for which we travel today? -History

Last Answer : Hunter-gatherers travelled from place to place for four basic reasons which are as follows: (also see flow-learning). If they stayed at one place for a long time, they would have eaten up ... another place. In search of water, people travelled from place to place. Water is necessary for survival.

Find out more about Rani Lakshmibai of Jhansi. In what ways would she have been an unusual woman for her times? -History

Description : Find out more about Rani Lakshmibai of Jhansi. In what ways would she have been an unusual woman for her times? -History

Last Answer : Rani of Jhansi: Rani Lakshmibai was the bravest among all the leaders of 1857 who tried to defeat the British forces. After the death of her husband she had adopted a son but the then Governor- ... of Jhansi. In the end, she was defeated by the British and died fighting bravely against the British.

In what ways did the British change their policies as a result of the rebellion of 1857? -History

Description : In what ways did the British change their policies as a result of the rebellion of 1857? -History

Last Answer : Some important changes brought by the British after the revolt were: 1. According to the Act of 1858 powers of the East India Company were transferred to the British Crown in India. Secretary of ... 15 members. It was only an advisory body. Governor-General was answerable to the Secretary of State

At the equilibrium of the reaction , `N_(2)O_(4)(g)rArr2NO_(2)(g)`, the observed molar mass of `N_(2)O_(4)` is 77.70 g . The percentage dissociation o

Description : At the equilibrium of the reaction , `N_(2)O_(4)(g)rArr2NO_(2)(g)`, the observed molar mass of `N_(2)O_(4)` is 77.70 g . The percentage dissociation o

Last Answer : At the equilibrium of the reaction , `N_(2)O_(4)(g)rArr2NO_(2)(g)`, the observed molar mass of `N_(2)O_(4)` is ... A. 28 .4 B. 46 .7 C. 22.4 D. 18 .4

How did the peace made after World War II differ from that made after World War I? -History

Description : How did the peace made after World War II differ from that made after World War I? -History

Last Answer : World War I lasted from 1914 until 1918. The two main belligerents in this conflict were Germany and the Austro-Hungarian Empire. World War II lasted from 1939 until 1945. The United States ... European nations after the war. This was a key component to European prosperity after World War II.

(ii) When did they (Australopithecus) originate and become extinct? -History

Description : (ii) When did they (Australopithecus) originate and become extinct? -History

Last Answer : (ii) Australopithecus originated in about 5.6 mya and became extinct about 1.3 mya.

(ii) Why was it boycotted by the Indians? -History

Description : (ii) Why was it boycotted by the Indians? -History

Last Answer : But Indians boycotted the Simon Commission because there was no Indian member in this commission. The terms of the commission’s appointment did not give any indication of ‘Swaraj’, ... National Congress, the Muslim League, and other parties decided to oppose the Simon Commission.

What was the plea of Nana Saheb, the adopted son of Peshwa Baji Rao-II? -History

Description : What was the plea of Nana Saheb, the adopted son of Peshwa Baji Rao-II? -History

Last Answer : Nana Saheb pleaded that he be given his father’s pension when the latter died.

I have never met an African American before, I have just seen them on TV. Is it true that they came here for slavery?

Description : I have never met an African American before, I have just seen them on TV. Is it true that they came here for slavery?

Last Answer : They did not come voluntarily, they were kidnapped and forced into slavery waay back when in the 1600's. Slavery was rampantly accepted in America up until the Civil war era which divided the north ... . Abraham Lincoln abolished slavery during his presidency and this began the civil war in the U.S.

Campers and hikers, what is the most creepiest/strangest/nerve racking thing you seen in the woods?

Description : Campers and hikers, what is the most creepiest/strangest/nerve racking thing you seen in the woods?

Last Answer : They saw me. They were snooping where they shouldn’t have been snooping

Who founded the Naujawan Bharat Sabha? (a) B. C. Pal (b) G. Subramania Iyer (c) Sardar Bhagat Singh (d) Rukmani Lakshmipath

Description : Who founded the Naujawan Bharat Sabha? (a) B. C. Pal (b) G. Subramania Iyer (c) Sardar Bhagat Singh (d) Rukmani Lakshmipath

Last Answer : (c) Sardar Bhagat Singh

Who was the other Congress leader who joined with Motilal Nehru to start the Swaraj Party in 1923? (SSC CGL 1st Sit. 2013) (a) G.K. Gokhale (b) B.G. Tilak (c) Chittaranjan Das (d) M.K. Gandhi

Description : Who was the other Congress leader who joined with Motilal Nehru to start the Swaraj Party in 1923? (SSC CGL 1st Sit. 2013) (a) G.K. Gokhale (b) B.G. Tilak (c) Chittaranjan Das (d) M.K. Gandhi

Last Answer : (c) Chittaranjan Das

Who favoured the Artic Home thoery of the Aryans? (SSC CGL 2nd Sit. 2012) (a) Pargiter (b) A. C. Das (c) B. G. Tilak (d) Jacobi

Description : Who favoured the Artic Home thoery of the Aryans? (SSC CGL 2nd Sit. 2012) (a) Pargiter (b) A. C. Das (c) B. G. Tilak (d) Jacobi

Last Answer : (c) B. G. Tilak

Who was the founder of The Servants of India Society? (SSC CGL 1st Sit. 2010) (a) G..K. Gokhale (b) M.G. Ranade (c) B.G. Tilak (d) Bipin Chandra Pal

Description : Who was the founder of The Servants of India Society? (SSC CGL 1st Sit. 2010) (a) G..K. Gokhale (b) M.G. Ranade (c) B.G. Tilak (d) Bipin Chandra Pal

Last Answer : (d) The Servants of India Society was formed in Pune, Maharashtra, on June 12, 1905 by Gopal Krishna Gokhale, who left the Deccan Education Society to form this association

Who was the founder of The Servants of India Society?(SSC CGL 1st Sit. 2010)(a) G..K. Gokhale(b) M.G. Ranade(c) B.G. Tilak(d) Bipin Chandra Pal

Description : Who was the founder of The Servants of India Society?(SSC CGL 1st Sit. 2010)(a) G..K. Gokhale(b) M.G. Ranade(c) B.G. Tilak(d) Bipin Chandra Pal

Last Answer : (d) Bipin Chandra Pal

What is G-77 ? -SST 10th

Description : What is G-77 ? -SST 10th

Last Answer : The G-77 is a loose coalition of developing nations, designed to promote its members collective economic interests and create an enhanced joint negotiating capacity for the United Nations. There were 77 founding members, but the organisation has since expanded to 130 member countries.

Explain what is referred to as the G-77 countries. -SST 10th

Description : Explain what is referred to as the G-77 countries. -SST 10th

Last Answer : 'After the Second World War, many parts of the world were still under European colonial rule and It took over two decades for the colonies in Asia and Africa to become free independent ... prices for raw materials. (iv) Better access for their manufactured goods in developed countries' market.

Explain what is referred to as the G-77 countries. -SST 10th

Description : Explain what is referred to as the G-77 countries. -SST 10th

Last Answer : After the Second World War, many parts of the world were still under European colonial rule and It took over two decades for the colonies in Asia and Africa to become free independent ... prices for raw materials. (iv) Better access for their manufactured goods in developed countries' market.

Explain the following: (i) G-77 -SST 10th

Description : Explain the following: (i) G-77 -SST 10th

Last Answer : (i) Organisation formed by the former colonies to demand a New International Economic Order. (ii) It was a period of serious decline in production, employment, income and trade.

Why did most of the developing countries organise themselves as a group - the Group of 77 (G-77)? -SST 10th

Description : Why did most of the developing countries organise themselves as a group - the Group of 77 (G-77)? -SST 10th

Last Answer : (i) The developing countries came under the guidance of IMF and World Bank which were dominated by the former colonial powers in order to uplift their economies. (ii) Former colonial ... ) They also wanted a better opportunity for their manufactured goods in the markets of developing nations.