The difficult birth of the IMF and World Bank


WASHINGTON: Lost for decades before their chance discovery by a US official, the raw transcripts of the Bretton Woods conference reveal the difficult birth of the International Monetary Fund and World Bank in 1944.

"I was looking in the Treasury library for some other material which was nearby and I noticed that there's a section labeled uncatalogued material... and so I was curious to see what was in it," Kurt Schuler, a US Treasury economist, told AFP.

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