Dollar-Hegemony

Bretton Woods Conference Establishes Dollar Hegemony Through IMF and World Bank

| Importance: 9/10

Delegates from 44 allied nations convene at Bretton Woods, New Hampshire to design the postwar international monetary system. The conference establishes the International Monetary Fund and World Bank, fixing global currencies to the dollar and the dollar to gold at $35/ounce. This institutionalizes …

U.S. Treasury Harry Dexter White John Maynard Keynes International Monetary Fund World Bank international-finance dollar-hegemony structural-adjustment corporate-globalization financial-institutions
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