An Agenda for the IMF Conference

Publication Date: September 1984

Publisher: Heritage Foundation (Washington, D.C.)

Author(s): Edward L. Hudgins

Research Area: Banking and finance

Keywords: Economy

Type: Report

Abstract:

The International Monetary Fund (IMF) and the World Bank will hold their joint 40th anniversary meeting in Washington, D . C . , from September 24 to 27. The Bretton Woods Conference of 1944 established these two international organizations to help reconstruct the world monetary order in the wake of the Depression and World War II. In light of the breakdown in 1971 of the monetary order established at Bretton Woods, and of the current international debt crisis, it is time to take a hard look at the role of the IMF and ask whether continued U.S. participation is in its own interest and that of the world economy.