BRETTON WOODS CONFERENCE


Meaning of BRETTON WOODS CONFERENCE in English

n.

officially United Nations Monetary and Financial Conference

(July 1–22, 1944) Meeting held at Bretton Woods, N.H., to make financial arrangements for the postwar era after the expected defeat of Germany and Japan.

Representatives of 44 countries, including the Soviet Union, agreed to create the International Bank for Reconstruction and Development ( World Bank ) and the International Monetary Fund . See also John Maynard Keynes .

Britannica Concise Encyclopedia.      Краткая энциклопедия Британика.