The global conference in 1944 that established the International Monetary Fund was the Bretton Woods Conference. Held in Bretton Woods, New Hampshire, representatives from 44 nations gathered to formulate a framework for the post-World War II economic order. The conference aimed to create institutions to promote international monetary cooperation and prevent future economic crises. The results included the establishment of the IMF and the World Bank, which were designed to stabilize currencies and provide financial support to nations in need, thereby fostering global economic stability.