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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.
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 International Monetary Fund (IMF) is a major financial agency of the United Nations, and an international financial institution funded by 191 member countries, with headquarters in Washington, D.C. It is regarded as the global lender of last resort to national governments, and a leading supporter of exchange-rate stability.
The Bretton Woods Conference led to the establishment of the IMF and the IBRD (now the World Bank), which remain powerful forces in the world economy as of the 2020s. A major point of common ground at the Conference was the goal to avoid a recurrence of the closed markets and economic warfare that had characterized the 1930s.
The IMF and World Bank meet each autumn in what is officially known as the Annual Meetings of the International Monetary Fund and the World Bank Group and each spring in the Spring Meetings of the International Monetary Fund and the World Bank Group. Names of the two groups are alternated each year so a different one has top billing.
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.
Suntec Singapore International Convention and Exhibition Centre is the main venue of the 2006 IMF/World Bank annual meetings. Singapore 2006 was a group of several concurrent events that were held in Singapore in support of the 61st Annual Meetings of the Boards of Governors of the International Monetary Fund and the World Bank Group.
International Monetary Cooperation Since Bretton Woods is a non-fiction book detailing the economic history of international monetary systems after 1945. Written by Harold James, Professor of Economic History at Princeton University, the book details the history of the postwar monetary order amidst geopolitical tensions, economic challenges, and societal needs.