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international monetary fund
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international monetary fund
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international monetary fund
a United Nations agency to promote trade by increasing the exchange stability of the major currencies
international monetary fund
An organization founded in 1944 to oversee exchange arrangements of member countries and to lend foreign currency reserves to members with short-term balance of payment problems
international monetary fund
An international organization set up to lower trade barriers between countries and to stabilize currency exchange rates
international monetary fund
Established in 1944, purpose is to facilitate the working of the world monetary system It provides foreign currency to member countries as balance of payments support on loan terms
international monetary fund
An international organization created to prevent another collapse in the world monetary system through the stabilization of national currencies throughout the world
international monetary fund
A specialized agency of the United Nations headquartered in Washington Using funds contributed by its members, it will purchase a currency on the application of a member to help the member discharge its international indebtedness and stabilize its currency exchange rates Home Page
international monetary fund
Also known as The Fund, the IMF was created as a central pillar of the post-WWII global economy Its purpose is to coordinate the international monetary system It provides emergency loans to countries that find themselves unable to meet current international payments, in exchange for the imposition of Structural Adjustment Programs (SAPs) More recently, the IMF has provided funds to guard against speculative attacks on national currencies
international monetary fund
A financial institution created to promote international monetary harmony, monitor exchange rate and monetary policies of member states, and provide credit for member states that experience temporary balance of payments deficits
international monetary fund
an international agency, established after World War II, designed to help countries with balance of payments problems and to ensure the smooth functioning of the international monetary system (chapter 19)
international monetary fund
The international organization created by the Bretton Woods agreement whose objective is to promote the growth of world trade by making loans to countries experiencing balance-of-payments difficulties 348
international monetary fund
A multilateral financial institution established in 1945 to help member countries with international payments problems and to maintain orderly exchange rate policies U S agricultural exports benefit indirectly from activities of the IMF that maintain the global trade in commodities and food
international monetary fund
Established along with the World Bank in 1945, the IMF is a specialized agency affiliated with the United Nations and is responsible for stabilizing international exchange loans to its members (including industrialized and developing countries) when they experience balance of payments difficulties These loans frequently carry conditions that require substantial internal economic adjustments by the recipients, most of which are developing countries
international monetary fund
The IMF was established in 1946 to act as the banker of last resort for countries experiencing foreign exchange deficiencies and to monitor currency exchange relationships among nations
international monetary fund
Established along with the World Bank (q v ) in 1945, the IMF is a specialized agency affiliated with the United Nations and is responsible for stabilizing international exchange rates and payments The main business of the IMF is the provision of loans to its members (including industrialized and developing countries) when they experience balance of payments difficulties These loans frequently carry conditions that require substantial internal economic adjustments by the recipients, most of which are developing countries
international monetary fund
Established with the World Bank (q v ) in 1945, a specialized agency affiliated with the United Nations and responsible for stabilizing international exchange rates and payments Its main function is to provide loans to its members (including industrialized and developing countries) when they experience balance of payments difficulties These loans frequently have conditions that require substantial internal economic adjustments by the recipients, most of which are developing countries
international monetary fund
(IMF): A public international organization created by the Bretton Woods agreement as the main instrument of international monetary management The IMF helps countries with payments deficits by advancing credits to them Originally, its approval was made necessary for any change in exchange rates It advises countries on policies affecting the monetary system The IMF is provided with a fund composed of member countries' contributions in gold and in their own currencies The system of weighted voting allows the United States to exert a preponderant influence in this body
international monetary fund
an organisation set up in 1945, affiliated to the United Nations which aims to promote trade, monetary co-operation and the stabilisation of exchange rates
international monetary fund
The IMF is an international organization of 183 member countries, established to promote international monetary cooperation, exchange stability, and orderly exchange arrangements; to foster economic growth and high levels of employment; and to provide temporary financial assistance to countries to help ease balance of payments adjustment
international monetary fund
The world's primary organization devoted to maintaining monetary stability by helping countries fund balance-of-payment deficits Established in 1947, it now has 170 members
international monetary fund
An international organization of 183 member countries, established to promote international monetary cooperation, exchange stability, and orderly exchange arrangements; to foster economic growth and high levels of employment; and to provide temporary financial assistance to countries to help ease balance of payments adjustment The IMF has often provided short-term loans and financial crisis management to developing countries in recent years
international monetary fund
An independent international organization created in 1945 as a result of the Bretton Woods conference The IMF has as its chief purpose the maintenance of international monetary stability
international monetary fund
An autonomous international financial institution that originated at the Bretton Woods Conference of 1994 It's main purpose is to regulate the international monetary exchange system, control fluctuations in exchange rates, in a bid to supposedly alleviate sever balance of payment problems It does this by using a "one size fits all" kind of process, in the mind set that the economic situation: ie: poverty has to get really worse, before it can get better The four components of a typical stabilisation program are
international monetary fund
An organization that makes loans and provides other services intended to stabilize world currencies and promote orderly and balanced trade Member nations may obtain foreign currency when needed, making it possible to make adjustments in their balance of payments without currency depreciation Abbreviated as IMF BACK TO TOP
international monetary fund
The IMP was formed in 1945, following the ratification of the Articles of Agreement of the Fund at Brettonwoods in 1944 It became a specialized United Nations agency in 1947 Its is suppose to encourage international monetary cooperation, facilitated the expansion and balanced growth of international trade, assist member countries in correcting balance of payments deficits and promote foreign exchange stability
international monetary fund
The IMF was established in 1944 to oversee the international financial system, including the orderly exchange of national currencies; being a lender of last resort to member countries that can't borrow from other sources and need to prevent defaulting on loans from other sources; and providing technical assistance and training Most of its money comes from member deposits It has faced the most criticism from the conditionalities it imposes on loans to countries with what's called balance of payments problems, when a country does not take in enough foreign currency to pay for what it buys from other countries, including paying off previous loans Conditionalities usually include tight monetary policies (raising interest rates and lowering inflation), less government spending and more privatization It is widely regarded as focusing on the overt political goal of promoting the worldwide liberalization of capital
international monetary fund
Conceived at Bretton Woods, founded in 1947 and based in Washington, D C , this pillar of the global economic order has a stated mission: maintaining an orderly process of multilateral lending and helping members resolve temporary “balance of payments” shortfalls, but the agency imposes strict loan conditions known as structural adjustment programs that transform national economies IMF resources come from 182 member countries, whose vote share depends not on population size but on how much money they contribute The United States commands a 17 percent share With major IMF decisions requiring an 85 percent approval, Washington exercises exclusive veto power The IMF almost never votes, however, as the United States forges “consensus” before meetings IN DEPTH
see: international monetary fund