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History & Society

Bretton Woods Conference

international relations [1944]
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https://64.176.36.150/event/Bretton-Woods-Conference
Also known as: United Nations Monetary and Financial Conference
Last Updated: • Article History
Bretton Woods Conference
Bretton Woods Conference
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Category: History & Society
Formally:
United Nations Monetary and Financial Conference
Date:
July 1, 1944 - July 22, 1944
Context:
International Monetary Fund
International Bank for Reconstruction and Development
On the Web:
The World Bank - Bretton Woods and the Birth of the World Bank (Mar. 19, 2024)
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Bretton Woods Conference, meeting at Bretton Woods, New Hampshire (July 1–22, 1944), during World War II to make financial arrangements for the postwar world after the expected defeat of Germany and Japan. The conference was attended by experts noncommittally representing 44 states or governments, including the Soviet Union. It drew up a project for the International Bank for Reconstruction and Development (IBRD) to make long-term capital available to states urgently needing such foreign aid, and a project for the International Monetary Fund (IMF) to finance short-term imbalances in international payments in order to stabilize exchange rates. Although the conference recognized ...(100 of 152 words)

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