THE ROLE OF INTERNATIONAL MONETARY FUND IN ECONOMIC RELATIONS

2021 ◽  
Vol 15 (2) ◽  
pp. 116-119
Author(s):  
Zarifa Polad Mammadova ◽  

The International Monetary Fund (IMF) is an international organization that plays an important role in regulating the economy and aims to prevent the economic crisis by providing various loans to many developing countries. At the same time, one of the IMF's priority goals is to reduce poverty. The article clarifies the issues related to the regulation of economic relations between the IMF and its consequences, as well as examines the legal and factual aspects of this regulation. Key words: The International Monetary Fund, organization, governance, surveillance, financial and technical functions, poverty reduction

1981 ◽  
Vol 7 (2) ◽  
pp. 91-105 ◽  
Author(s):  
Graham Bird

This paper sets out to investigate the importance to less developed countries (LDCs) of the International Monetary Fund (IMF) as a source of short to medium term finance. A discussion of longer term concessionary aid falls outside the scope of the analysis, though this will be alluded to at times.


1980 ◽  
Vol 36 (3-4) ◽  
pp. 406-417

INTERNATIONAL ORGANIZATION: JULIUS STONE: Conflict Through Consensus: United Nations Approaches to Aggression. INTERNATIONAL ORGANIZATION: K. VENKATA RAMAN Ed.: Dispute Settlement Through the United Nations. INTERNATIONAL ORGANIZATION: MARGARET GARRITSEN DE VRIES, Ed.: The International Monetary Fund 1966–1971: Vol I: Narrative, (xxii) 693p.; Vol II: Documents, viii, 339p. INTERNATIONAL ORGANIZATION: S.N. DHYANI: International Labour Organisation and India: In Pursuit of Social Justice. INTERNATIONAL ORGANIZATION: INDAR JIT RIKHYE: The Sinai Blunder: Withdrawal of United Nations Emergency Force Leading to the Six-day June War 1967.


2019 ◽  
Vol 10 (1) ◽  
pp. 60
Author(s):  
Marco Mele ◽  
Floriana Nicolai

The purpose of this paper is to analyze the changes in the functions of the International Monetary Fund after the 2008 financial crisis. Following an extensive introduction concerning the subject of the study and which covers part of the economic literature, the focus was on governance reform and surveillance in the foreign exchange market. Finally, the empirical analysis was carried out concerning the manipulation of exchange rates in a period ranging from 2008-2016 and 15 countries (Taiwan, South Korea, Israel, China, Thailand, Macao, Switzerland, Hong Kong, Singapore, Norway, Qatar, United Arab Emirates, Kuwait, Trinidad and Tobago and Saudi Arabia) that in the period considered massively intervened in the foreign exchange market, keeping their respective currencies undervalued and acquiring an unfair competitive advantage to the detriment of partner economies. The results would tend to confirm that the manipulation of the exchange rate is a persistent and lasting element of the currency policies of the new millennium, highlighting an active insufficiency of the IMF’s action in the exercise of the oversight function on the currency policies of the Members.


1987 ◽  
Vol 35 (1) ◽  
pp. 1-17 ◽  
Author(s):  
Trevor Parfitt ◽  
Stephen Riley

This paper assesses the international politics of Africa's growing external indebtedness and the pressures for policy direction that it produces. After the scale and character of the problem has been assessed, the paper looks, first, at the increasingly significant rôle of the International Monetary Fund (IMF) within Africa. The nature of external policy direction is then examined, particular attention being paid to the influential World Bank policy paper, the Berg Report. Its policy prescriptions are assessed in the light of conditions in several African countries. The paper concludes by examining alternatives to IMF policy direction, including default and collective disengagement.


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