Download or read book Finance & Development, September 2004 written by International Monetary Fund. External Relations Dept. and published by International Monetary Fund. This book was released on 2004-09-02 with total page 60 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper highlights that for the IMF, July 2004 marked the 60th anniversary of the conference in Bretton Woods, New Hampshire, when delegations from 44 allied countries drafted and agreed upon the IMF’s charter. The IMF’s role and work have evolved in response, but like any large organization, its ability to change has been limited by its own rules and mandate and has been held back by inertia. This year’s anniversary offers an opportunity to reflect on how gaps between the reality and the ideal might be closed in the coming years.