What Is the International Monetary Fund?
An International fund is a pool of money that is made available to many nations around the world, as a form of a loan that is meant to go towards investments and growth. The fund is governed by an organization that oversees the global financial market, by applying the rules of the policies that govern the market system.
The organization was set up with the aim of regulating the exchange rates that were being used among nations who were engaged in exchange of funds for development. The headquarters of the organization are in Washington D.C. The international fund has a long history having been started in July 1944 with a membership of only 45 members. As at the year 2009, the organization hosts about 186 countries.
The organization has faced challenges in terns of finances. However, as it has continued to grow, plans have been implemented on how to make member states agree to the repayment plans that have been put in place. In addition to restructuring its policies, IMF was also forced to sell part of its gold reserves. This helped them realize the stipulated budget of 2008, which was $400million. However, in as much that the budget was realized, other measures had to be taken to minimize costs and this included dismissing some 380 staff members. A tough decision to make indeed!
Any country which wishes to become a member of the International Monetary Fund must meet some qualifications. It must first make an application through writing, which when approved by the Executive Board will be submitted to the Board of Governors with recommendation thereof. The application undergoes further scrutiny and the applicant needs to take the legal steps required under its own law to enable it to sign the contract document of agreement to abide by the stipulated rules and regulations.
Question about monetary
What are the Monetary or fiscal policies of the meat industry?I would like to find a few articles on the monetary and fiscal policies of the meat/chicken industry. I just ran into a road block and can't seem to find any sources for this. I would greatly appreciate any help that you all could give me!
So where would I find some resources to articles about this subject?
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18 Responses
i don't think the average person in loan receiving countries will benefit in the short term or in the long run. monetary and trade restructuring is generally required which often hurts the average man/woman/family.
None, they have exploited most third world countries after they screwed the second world countries. It is a scam to exploit less fortunate countries and support dictators. Regardless of what your professor has told you. Your professor can not see beyond the ivy around the campus.
prepare for the bartering system
It doesn’t look so good does it? I won’t live in fear but I’d rather be safe than sorry and prepare. But most of all I will get busy doing what ever I can as a citizen to determine in what ways to work towards bringing this to an end. Mails, blogs, letters, faxes, marches, protests whatever it takes short of violence is what I am willing to do to help save this country for my children.
Do not let fear take you over. Go to my page. I believe my outlook is the answer. Many are implementing this outlook. We are not powerless. Do not let fear take you over.
~Namaste
IMF and World Bank aims are to design the economy of these countries according to the needs of the Powers of the world.Loans are linked to changes in educational and health system( privatization of it).
IMF and World Bank are on big troubble because there are no countries enough asking them for money, their economists have very high salaries and IMF was trying recently to sell its gold reserves.Brazil, Russia and Argentina have paid all its debts with IMF two years ago in cash, so IMF has not enough incomes.
Another problem is that IMF lost its academic prestige due to its failure in the World of its economic recipes and specially for the last failure at forecasting US economic collapse.
http://rense.com/general75/imf.htm
To create a global market and use a monetary unit as global money.
To sustain and balance the world economy and to make sure everyone is making money.
To monitor the world market.
To supply each country and prevent any country from deflation.
explosions and crowd movement are those. I saw this film @ MovieWatcher[.]US
It’s done, jump on hard assets especially gold and silver to prepare. Also, keep food, weapons and ammo because with this type of decline there will be some rough times. Hell, I bought a chainsaw last year and I’ve been stocking up wood like crazy. Just do whatever you can.
I will admit upfront that I work for the IMF, so you might think my answer is a bit biased.
I don't think the IMF and the World Bank are tools of imperialism. The staffs of both organization are tireless workers on behalf of poorer countries.
Unfortunately, after 50 or 60 years of trying to aid development, we still don't have good ideas about how to do that.
The World Bank can hire a firm to build a road in Gambia, but there is no guarantee that the road will actually be the right way to spend money in Gambia. Plus, a year later that road needs to be repaired, and Gambia might not have the funds to do it. OR, the construction firm might have used faulty materials in order to make a profit. So the road is useless a couple of years after construction.
Maybe you can find some information on alternative viewpoints from the World Social Forum: http://www.forumsocialmundial.org.br/index.php?cd_language=2
Created in July 1944, with a goal to stabilize exchange rates and assist the reconstruction of the world's international payment system. Countries contributed to a pool which could be borrowed from, on a temporary basis, by countries with payment imbalances.
It basically helps out poorer nations buying giving them a loan. The idea was proposed in the United Nations Monetary and Financial Conference. Who proposed it? The members.
Hope it helped
hahahaa you americans are realy stupid
Ultimate goal: One world currency
@jobedied True Job True..Thanks for telling people this very truth..
I don't know.
Guess nobody else does either.
But good question – I think I'll do a little research.
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@Autotee2 You are right about this Autotee this is all in the Bible..TRUST AND LOVE GOD WILL ALL YOUR HEARTS>>JESUS IS KING OF KINGS AND LORD OF LORDS>>HIS KINGDOM WILL COME>>
Depends what information you're looking for. The IMF publishes a lot of information about itself and its activities–a lot of technical information can be found on their website, along with general information about the functions and duties of the different departments. If you're looking for analysis as to their actions, they provide some, but you can find a lot of commentary in the financial press (like the Financial Times) and in books. In particular, I'd recommend reading two books by Paul Blustein: "The Chastening" and "And the Money Kept Rolling In (and Out)."