1. The Roots of Reformasi in Indonesia
... Second World War, the only viable economy left in the world was the American economy. The United States owned two-thirds of the world's gold supply and its industrial base was untouched by the war. The Bretton Woods system was created to facilitate the economic reconstruction of Europe. Basically, ... all currencies were to be fixed in value with respect to the US dollar, which was in turn, convertible to gold. The US dollar was considered 'as good as gold'. The value of one currency to another would be adjusted in an orderly manner on a regular basis, based on the ... and 'popular musi...
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- Approx Pages: 12
- Grade Level: Undergraduate