Bretton Woods Conference

international relations [1944]

Also known as: United Nations Monetary and Financial Conference(Show More)

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History

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...