POLD89H3 Lecture Notes - Industrial Revolution, Kenneth Waltz, Treaty

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Definition: a post-world war ii arrangement for managing the world economy; its main components are the world bank and the international monetary fund. Giving the united states significant influence over the international money supply. Also set up the world bank to help stimulate europe"s economic recovery and the international. Monetary fund (imf) to implement the rules of the international financial system to help countries experiencing short-term balance-of-payment and liquidity problems: emerging economy . Nations with social or business activity in the process of rapid growth and industrialization coming out of the global south. Sits in strasbourg, france; european parliamentarians are elected by the people every five years, and they are typically affiliated with europe-wide parties; they do not sit as representatives of countries. Acts with the council of the european union and the european commission to exercise legislative functions of the eu. Currently composed of 754 members of the european.

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