ABSTRACT

Already by 1941 plans were being prepared in both the UK and the USA to set up a new postwar international monetary order. In the UK it was Keynes, as adviser to the Treasurer, who was assigned the task of formulating the outlines of a new monetary system, while in the USA it was Harry Dexter White, from the US Treasury, who was given responsibility in the area. In 1942 the original Keynes and White Plans surfaced, setting in motion a series of bilateral talks between the two countries based on these plans.