The international organization created in 1944 to foster economic cooperation is the International Monetary Fund (IMF). Established during the United Nations Bretton Woods Conference, the IMF aimed to promote global economic stability and facilitate international trade. By providing financial assistance, policy advice, and technical expertise to member countries, the IMF helps manage balance of payments issues and promotes sustainable economic growth. The organization also works to reduce poverty and improve living standards through global economic cooperation. Over the years, the IMF has played a crucial role in responding to financial crises and supporting countries in need, significantly influencing global economic governance.