What emerged from N.H.'s woods in '44

Cocheo, Steve
August 2008
ABA Banking Journal;Aug2008, Vol. 100 Issue 8, p10
The article focuses on the World Monetary Stabilization Conference, held in July 1944 in Bretton Woods, New Hampshire. Among the creations of the 45-nation conference were the International Monetary Fund (IMF) and the World Bank. Initially an effort of the major and minor Allies, the Bretton Woods agreements and the organizations that it birthed would be joined by Germany and Japan in 1952. Today, 185 countries belong to the Bank and the IMF. In March 1944, "Banking" featured a debate lit print, "The Quest for Stability," drawn from papers, between two plans' proponents.


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