International Bank for Reconstruction and Development and International Monetary Fund: Difference between pages

Revision as of 11:22, 7 August 2016

(IMF).

An international organisation created by the Bretton Woods Agreement in 1944.

The IMF promotes international financial stability and monetary cooperation.

The responsibilities of the IMF include:

Oversight of the international monetary system.
Monitoring the economic and financial policies of its member countries, encouraging policies that foster economic stability.
Providing loans to member countries experiencing actual or potential balance of payments problems.
Designing economic policies to enable member countries to manage their financial affairs more effectively.

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-(IBRD). One of five institutions that make up the World Bank Group. Its aim is to reduce poverty in middle-income and creditworthy poorer countries by promoting sustainable development.
+(IMF).
+An international organisation created by the Bretton Woods Agreement in 1944.
+The IMF promotes international financial stability and monetary cooperation.
+The responsibilities of the IMF include:
+*Oversight of the international monetary system.
+*Monitoring the economic and financial policies of its member countries, encouraging policies that foster economic stability.
+*Providing loans to member countries experiencing actual or potential balance of payments problems.
+*Designing economic policies to enable member countries to manage their financial affairs more effectively.
 == See also ==
-* [[World Bank]]
+* [[Bretton Woods Conference]]
+* [[Exchange rate]]
+* [[Exchange Rate Mechanism]]
+* [[Monetary]]