The IMF/WBG Spring Meetings amid a changing global order

OLGA JBEILI

In the aftermath of the Second World War the world, societies, and economies are in ruins. In addition to the toll on human lives and suffering, to date, the Second World War has been the most expensive war in history that resulted in high levels of inflation, debt, trade, and balance of payment deficits and depleted gold and U.S. dollar supplies.

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