Which institutions were known as ‘Bretton Woods twins’?

International Monetary Fund (IMF) and World Bank.

Explanation: IMF and World Bank were set up after the Second World War to assist the countries in financial matters. These 2 institutions are together called the Bretton Wood twins or Bretton Woods Institutions. IMF overlooked the economic conditions of the member countries and offered financial advice. World Banks offered loans to such countries for the development of its economic and social infrastructures.


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