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 ...

They discussed the creation of an international monetary system—which became known as the Bretton Woods System—aimed at providing stability to the world’s economy after the war. The ...

The Bretton Woods conference established a highly regulated international currency system. The United States dollar was established as the international currency fixed at the rate of $35 per ounce ...

The postwar system created at the Bretton Woods, New Hampshire, conference in 1944 should be credited with economic growth, a reduction in poverty, and the absence of destructive trade wars. It built ...

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 unstable by the time the Second ...