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International Monetary Fund (view source)
Revision as of 04:24, April 8, 2007
, 04:24, April 8, 2007→History: tweak
== History ==
== History ==
Agreement for its creation came at the [[United Nations]]-sponsored [[Bretton Woods Conference|Monetary and Financial Conference]] in [[Bretton Woods, New Hampshire]], [[United States]], on July 22, 1944. The principle architects of the IMF at the Bretton Woods Conference were [[John Maynard Keynes]] and the Assistant Secretary of the [[United States Treasury]], [[Harry Dexter White]]. The [http://www.imf.org/external/pubs/ft/aa/index.htm Articles of Agreement] came into force on December 27, 1945, the organization came into existence in May 1946, as part of a post-[[World War II|WWII]] reconstruction plan, and it began financial operations on March 1, 1947.
Agreement for its creation came at the [[United Nations]]-sponsored [[Bretton Woods Conference|Monetary and Financial Conference]] in [[Bretton Woods]], New Hampshire on July 22, 1944. The principle architects of the IMF at the Bretton Woods Conference were [[John Maynard Keynes]] and the Assistant Secretary of the [[United States Treasury]], [[Harry Dexter White]]. The [http://www.imf.org/external/pubs/ft/aa/index.htm Articles of Agreement] came into force on December 27, 1945, the organization came into existence in May 1946, as part of a post-[[World War II|WWII]] reconstruction plan, and it began financial operations on March 1, 1947.
It is sometimes referred to as "a Bretton Woods institution", along with the Bank for International Settlements (BIS) and the World Bank. Together, these three institutions define the monetary policy shared by almost all countries with market economies.
It is sometimes referred to as "a Bretton Woods institution", along with the Bank for International Settlements (BIS) and the World Bank. Together, these three institutions define the monetary policy shared by almost all countries with market economies.