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This breakdown in international monetary cooperation created a need for oversight. The representatives of 45 governments met at the Bretton Woods Conference in the Mount Washington Hotel in Bretton Woods, New Hampshire, in the United States, to discuss a framework for postwar international economic cooperation and how to rebuild Europe.
Mount Washington Hotel. 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, in Bretton Woods, New Hampshire, United States, to regulate what would be the international monetary and financial order after the conclusion of World War II.
An international monetary system is a set of internationally agreed rules, conventions and supporting institutions that facilitate international trade, cross border investment and generally the reallocation of capital between states that have different currencies. [1]
The International Financial Institution Advisory Commission, also known as the Meltzer Commission, named for its chair, Professor Allan Meltzer, was established by the United States Congress in November 1998 "to recommend future US policy toward several multilateral institutions: the International Monetary Fund, the World Bank Group, the regional development banks such as the Inter-American ...
The term Troika has been widely used in Greece, Cyprus (Greek: τρόικα), [1] [2] Ireland, [3] Portugal, [4] and Spain [5] to refer to the consortium of the European Commission, the European Central Bank and the International Monetary Fund that provided a bailout to these states since 2010, and the financial measures and government policies that the three institutions have demanded to be ...
European Commission, International Monetary Fund, Organisation for Economic Co-operation and Development, United Nations and World Bank, New York, Dec. 2009, 1993, lvi + 662 pp. The Review of Income and Wealth; United Nations Statistics Division (UNSD) “National Accounts". Zoltan Kenessey (Ed.), The Accounts of Nations, Amsterdam IOS, 1994.
The Swiss National Bank's management and executive body is the governing board. The governing board is responsible in particular for monetary policy, asset management strategy, contributing to the stability of the financial system and international monetary cooperation. The Governing Board consists of three members: Chairman: Thomas Jordan [45]
The Intergovernmental Group of Twenty-Four on International Monetary Affairs and Development, or The Group of 24 (G-24) was established in 1971 as a chapter of the Group of 77 in order to help coordinate the positions of developing countries on international monetary and development finance issues, as well as and to ensure that their interests are adequately represented in negotiations on ...