Bretton Woods Conference:

 

In July 1944, delegates from 44 nations met at the Mt. Washington hotel in Bretton Woods, NH to participate in what became known as the Bretton Woods Conference. A system was established through which a fixed currency exchange rate could be created using gold as the universal standard. This system of economic order and international cooperation helped countries recover from the devastation of the war and fostered long-term global growth.

 

The new system helped provide much needed stability at that time. The Bretton Woods agreement is also significant in the financial world, as it facilitated creation of the International Monetary Fund (IMF) and the World Bank. Both institutions remain vital to the global economy to this day.

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Deglobalization:

 

Since the beginning of the 2020's we are experiencing shifts and rifts in the world that have led to a lasting impact on the global economy. Deglobalization is leading to reconfigured supply chains, added insecurity and volatility, high dependence on ever-changing political landscapes and as a result, inefficiencies. As those pressures mount, companies see themselves pushed to localize business operations and implement national and regional supply chains. How can this be achieved with the least possible impact on profits, and how can the innovation engines of multinational companies still be globally relevant?

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A new Bretton Woods?

Being global now means: Being multi-local.

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In this world of increasing protectionism, companies need to break from the past and imagine our world anew. Bretton Globalization Solutions is created to work with our clients every step of the way in developing and implementing their localization and globalization strategy.