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The International Monetary Fund
- 1. The International Monetary Fund JaziAl Thani 9E
- 2. Why was this OrganizationCreated
- 3. The IMF wascreated for two reasons the first is so that the company can loan money to other countries to help them build up their economy and then the country would pay the IMF back after it has improved its economy.
- 4. The second reasonis that countries that are going bankrupt have access to money so they can save their country from going bankrupt.
- 5. Who Was itFounded By?
- 6. The IMF wasfounded by John Maynard Keynes and Harry Dexter White.
- 7. Where was theirFirst Headquarters
- 8. The first IMFheadquarters is located in Washington DC, United States of America.
- 9. The Countries youcan Find the Organization in Today
- 10. The IMF hasa total of 188 member countries and the map below shows which of the countries those are. The IMF member states is in dark green The IMF members not accepting obligations is in light green
- 11. The IMF's Aimand Main Focus
- 12. The IMF's fundamentalmission is to help ensure stability in the international system. It does so in three ways: keeping track of the global economy and the economies of member countries; lending to countries with balance of payments difficulties; and giving practical help to members.
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- 14. The IMF providesloans to countries that have trouble meeting their international payments and cannot otherwise find sufficient financing on affordable terms. This financial assistance is designed to help countries restore macroeconomic stability by rebuilding their international reserves, stabilizing their currencies, and paying for imports—all necessary conditions for relaunching growth. The IMF also provides concessional loans to low-income countries to help them develop their economies and reduce poverty.
- 15. The IMF overseesthe international monetary system and monitors the financial and economic policies of its members. It keeps track of economic developments on a national, regional, and global basis, consulting regularly with member countries and providing them with macroeconomic and financial policy advice.
- 16. To assist mainlylow- and middle-income countries in effectively managing their economies, the IMF provides practical guidance and training on how to upgrade institutions, and design appropriate macroeconomic, financial, and structural policies.
- 17. How the IMFGains Funds
- 19. The IMF thenuses the money they gain from the recruitment fees to loan money to other countries thus continuing the cycle of gaining money. So the IMF basically takes money from every country that joins their organization because they then use the money to help other countries that are need by giving them loans.
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- 22. Bibliography "Washington Mapsand Orientation." : Washington, District of Columbia. N.p., n.d. Web. 23 Jan. 2014. "What Are Bridge Loans?" Bridge Loan Lenders RSS. N.p., n.d. Web. 23 Jan. 2014. "AIMI SYAHIRAH." AIMI SYAHIRAH || IN THe STOrY: December 2012. N.p., Dec. 12. Web. 23 Jan. 2014. "Bad (Really Bad!)." CAREEREALISM. N.p., n.d. Web. 23 Jan. 2014. "Currency." -- Kids Encyclopedia. N.p., n.d. Web. 23 Jan. 2014.