United Nations Monetary and Financial Conference

E75694

The United Nations Monetary and Financial Conference, commonly known as the Bretton Woods Conference, was the 1944 gathering of Allied nations that designed the post–World War II international monetary system and created institutions like the IMF and World Bank.


Statements (50)
Predicate Object
instanceOf diplomatic conference
economic conference
historical event
international conference
aim to design a postwar international monetary system
to facilitate postwar reconstruction and development
to prevent competitive devaluations
to promote international economic stability
alsoKnownAs Bretton Woods Conference
chairperson Henry Morgenthau Jr.
convenedBy United States of America
country United States of America
endDate 1944-07-22
fieldOfWork international economics
international finance
monetary policy
followedBy establishment of the World Bank Group
inauguration of the International Monetary Fund in 1945
hasEffect creation of the Bretton Woods system
foundation of the postwar liberal economic order
institutionalization of multilateral financial cooperation
strengthening of US economic leadership after World War II
keyPerson Harry Dexter White
Henry Morgenthau Jr.
John Maynard Keynes
languageOfWorkOrName English
location Bretton Woods, New Hampshire
mainSubject exchange rate regime
international financial institutions
international monetary system
post–World War II economic order
namedAfter Bretton Woods, New Hampshire
numberOfParticipatingCountries 44
organizedBy United States Department of the Treasury
United States government
participants Allied nations of World War II
representatives of 44 governments
partOf Allied wartime planning for the postwar order
pointInTime July 1944
result Articles of Agreement of the International Bank for Reconstruction and Development
Articles of Agreement of the International Monetary Fund
Bretton Woods system of fixed exchange rates
agreement on use of the US dollar as key reserve currency
creation of the International Bank for Reconstruction and Development
creation of the International Monetary Fund
establishment of rules for currency convertibility
significantEvent adoption of IBRD Articles of Agreement
adoption of IMF Articles of Agreement
startDate 1944-07-01
venue Mount Washington Hotel

Referenced by (14)
Subject (surface form when different) Predicate
Mount Washington Resort
Mount Washington Resort ("Bretton Woods Conference")
eventHosted
International Bank for Reconstruction and Development ("Bretton Woods Conference")
World Bank Group ("Bretton Woods Conference")
foundedAtEvent
Bretton Woods, New Hampshire ("1944 United Nations Monetary and Financial Conference")
Bretton Woods, New Hampshire ("Bretton Woods Conference")
knownFor
United Nations Monetary and Financial Conference ("Bretton Woods Conference")
alsoKnownAs
International Monetary Fund ("Bretton Woods Agreement")
establishedBy
United Nations Conference on Trade and Employment in Havana ("Bretton Woods Conference")
followed
Havana Charter negotiations ("Bretton Woods Conference")
follows
International Monetary Fund
foundedBy
Harry Dexter White ("Bretton Woods Conference")
participantIn
Bancor
proposedAtConference
Bancor ("Bretton Woods negotiations")
proposedAtEvent

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