- Definition: United Nations Monetary and Financial Conference.
- Representatives of 44 Allied Nations met in July 1944.
- Held at Mount Washington Hotel, Bretton Woods, New Hampshire, US.
- Why Convened:
- To regulate the international monetary and financial order.
- After the 2nd World War.
- To address chaotic financial system during inter-war period (collapse of gold standard, Great Depression, protectionism).
- To do away with economic evils like competitive devaluation and destructive trade impediments.