PSY 145 Chapter Notes - Chapter 3: International Monetary Fund, Bretton Woods, New Hampshire, The War Cry

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The economic structure of the world necessitated fair referees. It could not be left to the whims of government unilateral intervention, or to the uncontrolled operation of international markets. It required multilateral economic governance structures to lay down some mutually agreed guidelines on the conduct of its affairs for all nations: the international monetary fund (imf), the international bank for. Reconstruction and development (ibrd, or the world bank) and later the. General tariff and trade agreement (gatt) emerged as a result: the point of departure was the july 1944 united nations conference on money and finance held in bretton woods, new hampshire, the united states. The dominant intellectual figures set the stage for a more stable global economic transition after the second world war were lord keynes, who represented the. United kingdom, and harry white, of the us delegation. The war cry at the bretton woods meeting, with memories of the great.

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