1. International Monetary Arrangements
International Business
Chapter 7
Chunni Yang
TFSU

2. Learning Objectives
History and prospect of international monetary system
Goals and operations of IMF
Goals and operations of the World Bank Group

3. International Monetary System
The Gold Standard, 1870 – 1914
The Bretton Woods System, 1944 – 1973
The Jamaica System, 1973 – 1985
The Present and The Future

4. International Monetary System
The Gold Standard, 1870 – 1914

5. International Monetary System
The Gold Standard, 1870 – 1914
The Bretton Woods System, 1944 – 1973

6. International Monetary System
The Gold Standard, 1870 – 1914
The Bretton Woods System, 1944 – 1973
The Jamaica System, 1973 – 1985
The Present and The Future

7. The International Monetary Fund

8. The International Monetary Fund
Objectives of the IMF
Financial Resources of the Fund
Loans and Repayments
(1)Normal Credit Tranches
(2) Special Facilities
(3) Repayments
Special Drawing Rights (SDRs)

9. The World Bank Group

10. Thank you!