Imf - International Monetary Fund

International Business IMF Report International pecuniary inventory The International Monetary Fund (IMF) is an organization which deals with 188 countries that whole kit and caboodle to break dance global pecuniary co-operation, secure pecuniary stability, facilitate oecumenic trade, and promote higher(prenominal) employment and sustain satisfactory economic branch as swell as aiming to reduce poverty virtually the reality. The IMF was created in July 1944 in New Hampshire, Bretton Woods. John Maynard, economist, is considered up to this day time 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 farm animal that could benefactor to prevent future great depressions and by doing so, prevent world wars. The IMF aims to stabilize international communication and exchanges among members. This is done by encouraging open access to bills exchange and unembellished trade. The IMF also maintains a m onetary fund itself 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 non made a loss for any country referable 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 grapple the international monetary system and monitor the economic and financial system closely to ensure that all member cou! ntries are provided with sound financial policy advice and support. References BBC News Business, 2012. IMFs Christine Lagarde backs much time for Greece. [online] Available at: [Accessed 28 October 2012]. Bloomberg News, 2012. Kosovo to Get $53 one million million million IMF Loan as Economy Avoids Turbulence. [Online] Available at: http://www.businessweek.com/ watchword/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

If you want to get a full essay, visit our page: cheap essay