The Bretton Woods system, the international monetary system created at the 1944 Bretton Woods Conference
Preparing to rebuild the international economic system while World War II was still raging, 730 delegates from all 44 Allied nations gathered at the Mount Washington Hotel in Bretton Woods, New Hampshire, United States, for the United Nations Monetary and Financial Conference, also known as the Bretton Woods Conference.
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The Atlantic Charter, drafted during U.S. President Franklin D. Roosevelt's August 1941 meeting with British Prime Minister Winston Churchill on a ship in the North Atlantic, was the most notable precursor to the Bretton Woods Conference.
He has written about strategies to fight poverty, to find a new Bretton Woods system to prevent the constant changes that have created insecurity and misery for all.
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Bermuda decimalised in 1970 by introducing the Bermudian dollar equal to 8 shillings 4 pence (100 pence, effectively equal to the U.S. dollar under the Bretton Woods system).
The United States, for example, has been instrumental in creating the Bretton Woods system, with organizations such as the World Bank and the International Monetary Fund.