Bretton Woods system 释义：布雷顿森林体系
发音：Bretton Woods [?br?tn ?w?dz]
范文：The Bretton Woods system was created in 1944 at the Mount Washington Hotel in New Hampshire. It was a major international agreement that aimed to establish a stable and reliable currency system for the world. The system was based on fixed exchange rates and the use of the US dollar as the main reserve currency. However, it was plagued by problems and eventually collapsed in the early 1970s.
音标和基础释义：Bretton Woods system 的音标为[?br?tn ?w?dz ?s?st?m]，其中system为名词，意为“体系，系统”。基础释义为：布雷顿森林体系是一个在1944年建立的主要国际协议，旨在建立一种稳定可靠的全球货币体系。该体系基于固定汇率和美元作为主要储备货币，但存在许多问题并最终在20世纪70年代初崩溃。
Bretton Woods system
Bretton Woods system是一个重要的国际经济体系，它起源于1944年美国的新罕布什尔州布雷顿森林会议。这个体系的主要特点是，通过固定汇率和固定储备货币（美元）来维持国际经济的稳定。
发音：Bretton Woods system [?bre?tn ω?dz ?s?st?m]
范文：
Title: The Bretton Woods System: An Important Pillar of International Economic Stability
In the wake of the global economic crisis, it is more important than ever to recognize the role played by the Bretton Woods system in maintaining international economic stability.
Established through the deliberations of many nations at the 1944布雷顿森林会议 in New Hampshire, this system has served as a reliable anchor for the global economy, providing a framework for stable exchange rates and reliable international liquidity.
By fixing exchange rates and establishing the dollar as a reserve currency, the system has facilitated trade and investment, reducing the risk of currency fluctuations and market volatility.
Moreover, the system has encouraged economic growth and development through stable macroeconomic policies and open markets.
However, the system has faced challenges in recent years, with some countries seeking to reform it to better reflect the changing global economic landscape.
We must recognize that the Bretton Woods system is not a static entity, but rather a dynamic framework that requires constant adjustment and adaptation to meet the challenges of a rapidly changing global economy.
In conclusion, the Bretton Woods system has played a crucial role in maintaining international economic stability and should be recognized as such. We must work together to ensure that it remains a reliable pillar of stability in the decades to come.
Bretton Woods system
The Bretton Woods system, which was established in 1944, was a global financial system that fixed exchange rates and set financial regulations. It was designed to stabilize the global economy after World War II and promote economic growth and development.
The system was based on the fixed exchange rates between currencies, such as the US dollar and the pound sterling, which were pegged to each other through the International Monetary Fund (IMF). This system allowed for the exchange of goods and services between countries without the need for bartering or other forms of trade.
However, the Bretton Woods system faced several challenges over time. Firstly, it was based on the US dollar, which became the reserve currency of the world, leading to a large amount of US dollar liquidity in the global financial system. This created a risk of asset bubbles and instability in the global economy.
Secondly, the system did not take into account the differences in economic development between countries, leading to imbalances in global trade and investment. This led to a decline in the value of some currencies, such as the British pound, and a rise in inflation and interest rates.
Finally, the system was unable to respond quickly to economic shocks and crises, leading to a lack of stability in the global economy.
In conclusion, the Bretton Woods system was a significant milestone in the development of global finance, but it faced several challenges over time. It is important to recognize that global finance is constantly changing and evolving, and that we need to adapt our policies and institutions to respond to these changes.
