International Monetary Fund (IMF): An international organization established at the Bretton Woods Conference that aims to promote global monetary cooperation, stabilize currencies, and provide financial assistance during economic crises.
World Bank: Also established at the Bretton Woods Conference, it is an international financial institution that provides loans and grants to developing countries for development projects such as infrastructure improvements and poverty reduction.
Global Financial System: The framework of institutions, markets, rules, and regulations that facilitate global flows of money, investments, and trade. It includes organizations like IMF, World Bank, central banks, and stock exchanges.