Bretton Woods Conference and Payment factory: Difference between pages

Revision as of 16:23, 22 November 2014

A centralised facility for payments within a group.

The payments factory undertakes execution, administration and reporting for payments.

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-A meeting of representatives of non-communist countries in Bretton Woods, New Hampshire, USA in 1944.
+A centralised facility for payments within a group.
+The payments factory undertakes execution, administration and reporting for payments.
-Representatives agreed on the characteristics of the international monetary system, effectively the fixed exchange rate system, which prevailed until 1971.
 == See also ==
-* [[International Monetary Fund]]
+* [[Payment]]
-* [[Smithsonian Agreement]]
+* [[Group]]
+* [[ICM]]
+* [[MCT]]