Product of the long-abandoned bretton woods system

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A by-product of the long-abandoned Bretton Woods System, the IMF continues to offer a 'one-size-fits-all' solution to countries at a time when companies are competing and tailoring products and services to customer specifications around the globe. Do you believe that the IMF is a value-adding institution or is it just a global relic of a bygone era? Please articulate your response clearly with contemporary examples/illustrations.

Reference no: EM13517427

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