Imf - International Monetary Fund

International Business IMF Report International pecuniary investment firm The International Monetary Fund (IMF) is an organization which deals with 188 countries that work to fetch global pecuniary co-operation, secure fiscal stability, facilitate worldwide trade, and promote higher(prenominal) employment and sustain satisfactory economic addition as swell as aiming to reduce poverty well-nigh the reality. The IMF was created in July 1944 in New Hampshire, Bretton Woods. John Maynard, economist, is considered up to this daylight as the origin father of the IMF as well as the World Bank. The think behind the creation of the IMF was to create a depot that could benefactor to prevent future great depressions and by doing so, prevent world wars. The IMF aims to stabilize international communication and exchanges mingled with members. This is done by encouraging open access to currency exchange and unembellished trade. The IMF also maintains a monetary fund itse lf which it uses to support and adhesion out member countries who abide by the IMF policies. The IMF has efficiently dealt with international elements for 62 years and according to the treasury, since its introduction, has not made a loss for any country due(p) to a $15 billion funding agreement, although this statement is at threat due to the currently poor economic climate. The IMF works in three main ways.

These argon: Surveillance impart Technical Assistance In these three sectors, the IMF is able to get by the international monetary system and monitor the economic and financial system closely to ensu re that all member countries are provided wi! th sound financial policy advice and support. References BBC News Business, 2012. IMFs Christine Lagarde backs much judgment of conviction for Greece. [online] Available at: [Accessed 28 October 2012]. Bloomberg News, 2012. Kosovo to Get $53 million IMF Loan as Economy Avoids Turbulence. [Online] Available at: http://www.businessweek.com/password/2012-10-29/kosovo-to-get-53-million-imf-loan-as-economy-avoids-turbulencee >...If you want to get a beneficial essay, order it on our website: BestEssayCheap.com

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