GATT, the World Bank and the International Monetary Fund are considered to be the three pillars supporting the world economy, trade and financial structure.

These three pillars actually originated from the Bretton Woods Conference held in 1944. The latter two are also called Bretton Woods monetary system.

The establishment of the capitalist world economic system led by the United States after World War II;

1, historical background:

(1) changes in the balance of economic power.

② Draw lessons from World War II.

③ Adapt to the needs of economic development, establish an effective mechanism, stabilize the world economy, and plan the post-war system.

2, the basic content:

(1) According to the basic principles of the Bretton Woods Conference, establish a monetary system centered on the US dollar.

② Through GATT 1947, an international trade system centered on the United States was formed.

(3) Adjust the three pillars of the post-war world economy.