The Bretton Woods system established the U.S. dollar as the world’s currency in the post-World War II global economy. As Allied forces viewed that the war was coming to an end, representatives ...

The Bretton Woods Agreement helped to establish institutions such as the International Monetary Fund and the lender that became the World Bank. With the end of the war in sight, the U.S. and 43 ...

So long as the Bretton Woods system operated relatively smoothly, the bulk of these dollars were used to purchase exports from the United States. But towards the end of the 1950s, as the demand ...

truly meant well and would do the right thing by Britain in the end. The chief barrier to Keynes’s blueprint for the postwar monetary order was, at the time of Bretton Woods, still a little ...

President Donald Trump’s “Liberation Day” tariffs are the biggest shock to the global financial and economic order since the end of the Bretton Woods system in the 1970s, and possibly since the end of ...

In August 1971, President Richard Nixon announced the suspension of dollar convertibility, marking the end of the Bretton ...

The end of fixed exchange rates ... Political support for the OECD proposal vanished, and the treaty was never ratified. Calls for a new Bretton Woods in the 1980s The exchange rate system was already ...

Bretton Woods was instrumental in rescuing a world devastated by wars, incompetent governance and geopolitical confusion. As Kristalina Georgieva, managing director of the IMF, pointed out earlier ...

The global economic cooperation that has held sway since the end of World War II is challenged by new political ... The postwar system created at the Bretton Woods, New Hampshire, conference in 1944 ...