This paper examines the roles played by organizations in maintaining the Bretton Woods System. Theory indicates that even if countries understand that cooperation will lead them to a Pareto superior outcome, they need not cooperate unless they are convinced that other countries are also...

This paper examines the roles played by organizations in maintaining the Bretton Woods System. Theory indicates that even if countries understand that cooperation will lead them to a Pareto superior outcome, they need not cooperate unless they are convinced that other countries are also...

The relationship between the Bretton Woods institutions and Africa began in the 1980s as a result of the international debt crisis which affected the African continent negatively. The African continent approached the Bretton Woods institutions to salvage its economic situation. Consequently, the...