canada became a self governing country, even though britain could make changes to the constitution in 1931.
canada became a self governing country, even though britain could make changes to the constitution in 1931.
when did canada become a self governing country, even though britain could make changes to the constitution?
1931
the experience of world war ii was fresh in the minds of public officials. the planners at bretton woods hoped to avoid a repeat of the treaty of versailles after world war i, which had created enough economic and political tension to lead to wwii. after world war i, britain owed the u.s. substantial sums, which britain could not repay because it had used the funds to support allies such as france during the war; the allies could not pay back britain, so britain could not pay back the u.s. the solution at versailles for the french, british, and americans seemed to entail ultimately charging germany for the debts. if the demands on germany were unrealistic, then it was unrealistic for france to pay back britain, and for britain to pay back the us. thus, many "assets" on bank balance sheets internationally were actually unrecoverable loans, which culminated in the 1931 banking crisis. intransigent insistence by creditor nations for the repayment of allied war debts and reparations, combined with an inclination to isolationism, led to a breakdown of the international financial system and a worldwide economic depression. the so-called "beggar thy neighbor" policies that emerged as the crisis continued saw some trading nations using currency devaluations in an attempt to increase their competitiveness (i.e. raise exports and lower imports), though recent research suggests this de facto inflationary policy probably offset some of the contractionary forces in world price levels (see eichengreen "how to prevent a currency war").
bretton woods system
interim self governing authority









































the interim self governing authority was a proposal issued on october 2003 by the rebel liberation tigers of tamil eelam (ltte) of sri lanka for power sharing in the north and east of sri lanka. the proposals were made in-lieu of the ltte renouncing its claim for an independent country called tamil eelam for the minority sri lankan tamil people.









































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interim self governing authority