The Bretton Woods Conference is of historic significance in international economic cooperation. For the first time, it clearly defines the rules of the international monetary system and the means to implement and safeguard its principles in the form of a global agreement. The coordination reached at the Bretton Woods conference reflects the needs of all countries. At the same time, in order to meet the needs of global economic recovery, countries have publicly sacrificed their economic sovereignty to a certain extent, and in the next few decades, they have indeed promoted the growth of international trade and income. But the Bretton Woods conference also depends on the economic strength of each country, which reflects the important position of the United States in the international economy. After World War II, the economic development of various countries was unbalanced, the economic strength of Europe and Japan increased, while the economic status of the United States declined relatively. After the 1960s, the dollar crisis occurred many times, and the major western currencies floated one after another and began to decouple from the dollar. 1973, the system established by Bretton Woods conference disintegrated.

The Bretton Woods Conference led to the establishment of the World Bank and the International Monetary Fund (IMF).