International Relations Global Governance and Bretton Woods System Notes

International Relations: Global Governance and the Bretton Woods System

This comprehensive study material explores the evolution and transformation of global governance and the Bretton Woods system, essential for students and aspirants of international relations, political science, and competitive exams.

Key Topics Covered:

• Introduction to Global Governance – Concepts, theories, and key actors.
• Bretton Woods System – Historical context, creation, and core institutions (IMF, World Bank).
• Evolution and Transformation – From fixed exchange rates to floating rates, and the system's adaptation to modern challenges.
• Global Economic Governance – Role of G20, WTO, and other forums.
• Critiques and Challenges – Inequality, representation, and sustainability.
• Case Studies – Financial crises and reform proposals.

Perfect for university courses, UPSC, and other competitive exams. Includes detailed explanations, key terms, and review questions.