ABSTRACT

More generally, the tasks the German military were set did not arise in a predictable fashion. For example, all prewar navies sought carriers and submarines only as a subordinate part of fleets that emphasized battleships, the Japanese navy providing a particularly good case of this. To the present day, when a new member joins the IMF, it receives a quota supporting its relative position in the world economy, which determines what proportion it contributes to the fund. In 1958, the Bretton Woods system became fully functional as currencies became convertible. Price fluctuations make it hard for businesses to estimate their future production costs and revenues. Bipolar competition complicated the reaction of the United States to decolonization, at times by aligning some independence movements with communism. The bipolarity of the Cold War era was always at least partially illusory, as any number of nations, headed by post-independence India, aimed at nonaligned status.