What should be the role of Bretton Woods Institutions in present times?

What should be the role of Bretton Woods Institutions in present times? 

Ans. Bretton Woods institutions are expected to play following role in present times. 

(a) Ensuring global financial stability. 

(b) Providing funds for investment in countries that face crisis. 

(c) Ensuring international monetary and macro stability to promote growth rate of World economy. 

(d) Providing bilateral and multi-lateral surveillance and tools for crisis prevention.

(e) Supporting macro stability and long-run growth in lower income countries.