Which 1944 conference created the International Monetary Fund and the World Bank?

The Bretton Woods Conference in 1944 created the International Monetary Fund and the World Bank.

The official meeting, held from 1 to 22 July 1944, brought delegates from 44 Allied nations to Bretton Woods, New Hampshire, in the United States. Its purpose was to design an international economic system for the postwar period and prevent a return to the monetary instability associated with the interwar years.

The conference produced the Articles of Agreement for the IMF and the International Bank for Reconstruction and Development, the original institution that became the core of the World Bank Group. The IMF was intended to support monetary cooperation and balance-of-payments stability, while the IBRD focused initially on reconstruction and development.

The conference is sometimes described as creating the “World Bank,” although the formal institution was initially the IBRD. The agreements entered into force in 1945.