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The Bretton Woods Conference, formally known as the United Nations Monetary and Financial Conference, was the gathering of 730 delegates from all 44 Allied nations at the Mount Washington Hotel, situated in Bretton Woods, New Hampshire, United States, to regulate the international monetary and financial order after the conclusion of World War II.〔.〕 The conference was held in July 1944. Agreements were executed that later established the International Bank for Reconstruction and Development (IBRD) and the International Monetary Fund (IMF). ==The agreements== The Bretton Woods Conference was held from July 1 to July 22, 1944, but some of its core accords did not become operative until December 1958, when all European currencies became convertible. The IMF was developed as a permanent international body. The summary of agreements states, The IBRD was created to speed up post-war reconstruction, to aid political stability, and to foster peace. This was to be fulfilled through the establishment of programs for reconstruction and development. The main terms of this agreement were: *Formation of the IMF and the IBRD, which is today part of the World Bank. *Adjustably pegged foreign exchange market rate system: The exchange rates were fixed, with the provision of changing them if necessary. *Currencies were required to be convertible for trade related and other current account transactions. The governments, however, had the power to regulate ostentatious capital flows. *As it was possible that exchange rates thus established might not be favourable to a country's balance of payments position, the governments had the power to revise them by up to 10%. *All member countries were required to subscribe to the IMF's capital. 抄文引用元・出典: フリー百科事典『 ウィキペディア（Wikipedia）』 ■ウィキペディアで「Bretton Woods Conference」の詳細全文を読む スポンサード リンク
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