Bretton Woods Conference, 1944
   Following discussions led by U.S. Assistant Secretary of the Treasury Harry Dexter White and the British Treasury representative John Maynard Keynes about ways to ensure postwar economic stability and prevent another Great Depression, representatives of 45 nations met in Bretton Woods, New Hampshire, in July 1944. The International Monetary Fund and the International Bank for Reconstruction and Development, or World Bank, sprang from the agreements reached and established, among other things, the principles of international monetary exchange with currencies fixed on the gold standard. This provided the basic framework for much of the Western industrial world until the 1970s.

Historical Dictionary of the Roosevelt–Truman Era . . 2015.

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  • BRETTON WOODS (CONFÉRENCE DE) — BRETTON WOODS CONFÉRENCE DE (1944) Du 1er au 22 juillet 1944, au moment où la Seconde Guerre mondiale prend fin, une conférence monétaire et financière, placée sous l’égide de ce qui va devenir bientôt l’Organisation des Nations unies, se tient… …   Encyclopédie Universelle

  • Bretton Woods Conference — /bret n/ an international conference called at Bretton Woods, N.H., in July 1944 to deal with international monetary and financial problems: resulted in the creation of the International Monetary Fund and the World Bank. * * * officially United… …   Universalium

  • Bretton Woods Conference — /brɛtn ˈwʊdz/ (say bretn woodz) noun an international conference called in the US at Bretton Woods, New Hampshire, in July 1944, to deal with international monetary problems, as a result of which the International Monetary Fund and the World Bank …   Australian English dictionary

  • Bretton Woods Conference — /bret n/ an international conference called at Bretton Woods, N.H., in July 1944 to deal with international monetary and financial problems: resulted in the creation of the International Monetary Fund and the World Bank …   Useful english dictionary

  • Bretton Woods system — The Bretton Woods system of monetary management established the rules for commercial and financial relations among the world s major industrial states. The Bretton Woods system was the first example of a fully negotiated monetary order intended… …   Wikipedia

  • Bretton-Woods-System — Als Bretton Woods System wird das nach dem Zweiten Weltkrieg neu geordnete internationale Währungssystem von festen Wechselkursen bezeichnet, das vom goldhinterlegten US Dollar als Leitwährung bestimmt war. Die Idee eines Systems fester… …   Deutsch Wikipedia

  • Bretton Woods Agreement — A landmark system for monetary and exchange rate management established in 1944. The Bretton Woods Agreement was developed at the United Nations Monetary and Financial Conference held in Bretton Woods, New Hampshire, from July 1 to July 22, 1944 …   Investment dictionary

  • bretton woods —  Site of the major international finance conference held in 1944 (New Hampshire). At the Bretton Woods conference, a fixed exchange rate system was agreed upon, and the WORLD BANK and INTERNATIONAL MONETARY FUND were established …   American business jargon

  • Bretton Woods, New Hampshire — Bretton Woods is an area within the town of Carroll, New Hampshire, USA, whose principal points of interest are three leisure and recreation facilities. Being virtually surrounded by the White Mountain National Forest, its vista toward Mount… …   Wikipedia

  • Bretton Woods — [bret′ n] 〚after Bretton Hall, Eng countryseat of one of the founders〛 resort in the White Mountains, N.H.: site of a United Nations monetary conference (1944) at which the International Monetary Fund was established * * * a holiday town in the… …   Universalium

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