Listen now (92 mins) | In 1944, representatives of the Allied nations met at Bretton Woods to develop plans for a post-war economic world order. Rules for the regulation of currency exchange & trade were developed, and institutions such as the IMF and the World Bank were created to oversee national lending and development projects. Guided by New Deal economists like Harry Dexter White and John Maynard Keynes, the hope was that this framework could could ensure a stable international order that would prevent another world war or a resurgence of fascism.
History of the IMF with Michael Fellman
History of the IMF with Michael Fellman
History of the IMF with Michael Fellman
Listen now (92 mins) | In 1944, representatives of the Allied nations met at Bretton Woods to develop plans for a post-war economic world order. Rules for the regulation of currency exchange & trade were developed, and institutions such as the IMF and the World Bank were created to oversee national lending and development projects. Guided by New Deal economists like Harry Dexter White and John Maynard Keynes, the hope was that this framework could could ensure a stable international order that would prevent another world war or a resurgence of fascism.