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Mount Washington Hotel. The Bretton Woods Conference, formally known as the United Nations Monetary and Financial Conference, was the gathering of 730 delegates from all 44 allied nations at the Mount Washington Hotel, in Bretton Woods, New Hampshire, United States, to regulate what would be the international monetary and financial order after the conclusion of World War II.
The rules of Bretton Woods, set forth in the articles of agreement of the International Monetary Fund (IMF) and the International Bank for Reconstruction and Development (IBRD), provided for a system of fixed exchange rates. The rules further sought to encourage an open system by committing members to the convertibility of their respective ...
The International Bank for Reconstruction and Development (IBRD) and International Monetary Fund (IMF) were established by delegates at the Bretton Woods Conference in 1944 and became operational in 1946. [10] According to a March 2012 Washington Post article, IBRD was the "original 'world bank'". [11]
The World Bank is the collective name for the International Bank for Reconstruction and Development (IBRD) and International Development Association (IDA), two of five international organizations owned by the World Bank Group. It was established along with the International Monetary Fund at the 1944 Bretton Woods Conference. After a slow start ...
French statesman Félix Esquirou de Parieu (1815-1893) initiated the sequence of international monetary conferences. The international monetary and economic conferences were a series of gatherings held in the last third of the 19th century and the first half of the 20th century, culminating in the Bretton Woods Conference of 1944.
The Bretton Woods twins refers to the two multilateral organizations created at the Bretton Woods Conference in 1944, namely the World Bank and the International Monetary Fund. [1] Both twin organizations functioned to enact and maintain the Bretton Woods system of prescribed international currency exchange rates .
The Bretton Woods Committee is an American organization created in 1983 as a result of the agreement ... the International Monetary Fund and World Bank were ...
The Bretton Woods Project works as a networker, information-provider, media informant and watchdog to scrutinise and influence the World Bank and International Monetary Fund (IMF). Through briefings, reports and the bimonthly digest Bretton Woods Update , it monitors projects, policy reforms and the overall management of the Bretton Woods ...