INTERNATIONAL MONETARY FUND
Abstract
The International Monetary Fund (IMF) is an organisation of 188 countries, providing measures to foster international monetary cooperation, guarantee financial stability, aid international trade, boost high employment and sustainable economic growth, and minimise poverty across the world.
First and foremost, I would like to clarify my decision why I opted for international monetary fund. In my belief, it is now more than ever essential to be conscious of quality information regarding financial institutes which have a massive impact on our daily lives by upholding roseate reforms. Furthermore, unawareness of such organizations by community is unfortunate as, in my humble opinion; the public should be made aware about such institutes that provide countries dealing with problematic circumstances with promising guidance and profound ideas.
International Monetary Fund has played a role in shaping the international economy since the end of World War II. At its first’s steps founders attempted to build a framework for economic cooperation that would prevent horrifying economic policies that had caused the Great Depression of the 1930s and the global dispute which was a consequence to that.
In a modern world it aids in a way that it offers advices and financing to its representatives. Specially-trained economics share their ideas to various governments and financial institutes. It addition to decrease the economic crisis, it strives to reach microeconomic stability and diminish global poverty.
I will be exploring the function and how the International Monetary Fund assists the modern corporations as well as what impact does it have on economy on a domestic scale and global.
International Monetary Fund
1. What is the International Monetary Fund?
While any country may become a member of the IMF, the road to membership is noteworthy. When application for membership is submitted...