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Bancor
EntityQ806211· pop 21· linked from 22 articles

thumb|John Maynard Keynes

~5 min read

Article

7 sections
Contents
  • Overview
  • Bretton Woods Conference
  • Proposed revival
  • See also
  • References
  • Further reading
  • External links

thumb|John Maynard Keynes

The bancor was a supranational currency that John Maynard Keynes and E. F. Schumacher conceptualised in the years 1940–1942 and which the United Kingdom proposed to introduce after World War II. The name was inspired by the French banque or ('bank gold'). This newly created supranational currency would then be used in international trade as a unit of account within a multilateral clearing system—the International Clearing Union—which would also need to be founded.

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