| The collapse of the Bretton Woods system in 1971 brought down with it the fragile European edifice. |
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| The Bretton Woods system, where currencies had fixed values in terms of gold, inevitably collapsed. |
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| And before his death, at the UN's Bretton Woods conference in 1944, he put forward an idea for a new system. |
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| The Marshall Plan, linked into the Bretton Woods system, also mandated free trade throughout the region. |
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| After World War II, the international financial system was governed by a formal agreement, the Bretton Woods System. |
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| In 1944, when the US dollar was chosen as the world reference currency at Bretton Woods, it was only the second currency in global reserves. |
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| After the Bretton Woods agreement broke down in the early 1970s, countries gradually turned to floating exchange rates. |
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| The gold standard was partially abandoned via the international adoption of the Bretton Woods system. |
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| With the breakdown of the Bretton Woods system, the pound floated from August 1971 onwards. |
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| On August 15, 1971, the United States unilaterally pulled out of the Bretton Woods Accord. |
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| Also during the war, in 1944, 44 countries signed the Bretton Woods Agreement, intended to prevent national trade barriers, to avoid depressions. |
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| But it was actually the Bretton Woods ways that drove China and 58 member countries to form the AIIB this year. |
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| After the Bretton Woods conference in 1944, GDP became the main tool for measuring a country's economy. |
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| Bretton Woods established a benign global discipline that prevailed through three turbulent post-war and Cold War decades. |
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| This was the first international financial crisis since the Bretton Woods Conference of 1944 in which the Fund stood on the sidelines. |
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| Interestingly, this excess return has increased after the collapse of the Bretton Woods fixed exchange rate system. |
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| This comes in the wake of a damning report on the Bretton Woods institutions by the World Development Movement. |
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| Finally, the WTO cooperates closely with the two other components of the Bretton Woods system, the IMF and the World Bank. |
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| After World War II gold was replaced by a system of nominally convertible currencies related by fixed exchange rates following the Bretton Woods system. |
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| In 1944, the government in exile signed a treaty with the Belgian and Dutch governments, creating the Benelux Economic Union and also signed into the Bretton Woods system. |
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| Despite the numerous efforts made since early 1943 by prominent officials of the Ramirez administration, Argentina was excluded from the Bretton Woods Conference. |
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