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Bretton Woods Agreement
(redirected from Bretton Woods)

    Also found in: Wikipedia, Hutchinson 0.20 sec.
Bretton Woods Agreement
An agreement made in Bretton Woods, United States, in 1944. It set fixed exchange rates for major currencies and subsequently established the IMF.

Notes:
This agreement governed currency relationships until the early 1970s when a floating exchange rate system was adopted.

Bretton Woods Agreement
An agreement signed by the original United Nations members in 1944 that established the International Monetary Fund (IMF) and the post-World War II international monetary system of fixed exchange rates.
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What is equally striking is the constant reluctance of the developed nations to endow the General Assembly, and indirectly the Council, with effective powers on the allocation of international funds while still in favour of retaining the power of the Bretton Woods institutions, over which the Group of Eight (G-8) has effective control.
The Economic and Social Council, the Group of Eight and the ... by Hannema, Sybren Elias / UN Chronicle
Its despicable dealings with the Nazis in receiving and laundering the shipments of plunder explain why the 1944 Bretton Woods Agreement establishing the IMF and the World Bank also called for the abolition of the BIS.
BIS birthday blues: uneasy times as the Bank for International ... by Engelen, Klaus C. / The International Economy
Trippon, CPA, Bretton Woods Press, Bellaire, Texas, www.
Countdown to your client's retirement by Journal of Accountancy
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