Although the Chinese authorities attempted to slow down growth in their country, at growth rates of around 9%, this country continues to amaze. It is forecast that global growth in 2004 is likely to be in the region of 5%, slowing down somewhat in 2005 to 4,3%.
Not only was he the Chair of the drafting committee, he was also the peacemaker between the British delegation, led by John Maynard Keynes, and the U.S. delegation, led by Treasury Secretary Harry Dexter White. In the months leading up to Bretton Woods, it was Rasminsky who kept the two key delegations talking.