International Financial

Institutions

When American economy sneezes, the rest of the world catches a

cold."
 Contents

Bretton Wood The General International North

System Agreement on Monetary American free
Tarriffs and Funds (IMF) trade
Trade and World agreememt
Bank
 1
What is.....

International Financial Institutions?

-are financial institutions that have
been used by more than one
country.

-their owners or shareholders are

generally national governments.
The Role of International Financial Institutions

Goals and objectives:

Bretton Wood System

The Bretton Woods system was the first

system used to control the value of money
between different countries. It meant that each
country had to have a monetary policy that
kept the exchange rate of its currency within a
fixed value—plus or minus one percent—in
terms of gold.
 1

The General Agreement on Tarriffs

and Trade (GATT)

• was established in 1947

• was a forum for the meeting of representatives
from 23 member countries
• it focused on trade goods through multinational
trade agreements conducted in many "rounds" of
negotiation.
World Trade Organization
(WTO)

• WTO headquarters is located at

Geneva, Switzerland with 152
member states as of 2008
• is an independent
multilateral oraganization
that became responsible for
trade in sevices, non-tariffs
related barriers to trade,
and other broader areas of
trade liberalization.
International Monetary Fund (IMF) and the World
Bank
 (OECD) (OPEC) (EU)

Organisation for Economic

Cooperation and The Organization for The Europian Union
Development Petroleum exporting
countries
North American Free Trade Agreement (NAFTA)
THANK YOU