International Monetary Fund

EENI- School of International Business

Subject: The International Monetary Fund (IMF). Globalisation and world crisis. Syllabus:

1. Introduction to the International Monetary Fund (IMF)
2. The member states of the IMF
3. Organisation of the International Monetary Fund
4. The main activities and goals of the International Monetary Fund
   1. Surveillance
   2. Assistance
   3. Lending
5. Collaboration with other institutions (World Bank, World Trade Organisation, United Nations...)
6. Fight against money laundering (corruption)
7. Special Drawing Rights (SDR)
8. International Monetary Fund: globalisation and crisis.
   1. The role of the IMF in the global economic crisis
9. World Economic Outlook

The objectives of the subject “The International Monetary Fund (IMF)” are the following:

1. To understand the goals and organisation of the International Monetary Fund
2. To analyse the main areas of activity of the IMF (supervision, technical, and financial assistance)
3. To understand the concept of “Special Drawing Right (SDR)”
4. To know the IMF's role in the global economic crisis and global financial stability
5. To learn to use macroeconomic information provided by the IMF
6. To analyse the role of the International Monetary Fund in world trade

Sample of the subject - The International Monetary Fund (IMF):

Description of the Subject: The International Monetary Fund.

The International Monetary Fund (IMF) is an organisation of 189 countries, working to:

1. Promote the global monetary cooperation
2. Secure financial stability
3. Make easy the international trade
4. Promote high employment and sustainable economic growth, and
5. reduce the poverty

The International Monetary Fund is uniquely placed to help governments of the IMF members to take advantage of the opportunities and manage the defiance posed by globalisation and economic development.

The International Monetary Fund tracks global economic trends, and efficiency alerts its member countries when it sees troubles on the horizon, provides a forum for policy dialogue, and passes on know-how to governments on how to tackle economic difficulties.

Helping a nation benefit from globalisation while averting potential downsides is an important task for the International Monetary Fund (IMF).

The global economic crisis has highlighted just how interconnected countries have become in the world economy.

To become an IMF member, a nation must apply and then be accepted by a majority of the existing members.

The SDR (Special Drawing Rights) is an international reserve asset, created by the International Monetary Fund (IMF) in 1969 to supplement its member countries' official reserves. Its value is based on a basket of four key international currencies, and Special Drawing Rights can be exchanged for freely usable currencies.

The members of the International Monetary Fund (IMF) are Afghanistan, Albania, Algeria, Angola, Antigua and Barbuda, Argentina, Armenia, Aruba, Australia, Austria, Azerbaijan, Bahamas, Bahrain, Bangladesh, Barbados, Belarus, Belgium, Belize, Benin, Bhutan, Bolivia, Bosnia and Herzegovina, Botswana, Brazil, Brunei Darussalam, Bulgaria, Burkina Faso, Burundi, Cambodia, Cameroon, Canada, Cape Verde, Central African Republic, Chad, Chile, China, Colombia, Comoros, Congo, the Democratic Republic of the, Congo, Costa Rica, Ivory Coast, Croatia, Cyprus, Czech Republic, Denmark, Djibouti, Dominica, Dominican Republic, Ecuador, Egypt, El Salvador, Equatorial Guinea, Eritrea, Estonia, Ethiopia, Fiji, Finland, France, Gabon, the Gambia, The, Georgia, Germany, Ghana, Greece, Grenada, Guatemala, Guinea, Guinea-Bissau, Guyana, Haiti, Honduras, Hong Kong, the People's Republic of China, Hungary, Iceland, India, Indonesia, Iran, Iraq, Ireland, Israel, Italy, Jamaica, Japan, Jordan, Kazakhstan, Kenya, Kiribati, Korea, Kosovo, Kuwait, Kyrgyz Republic, Laos, Latvia, Lebanon, Lesotho, Liberia, Libya, Lithuania, Luxembourg, Macau Special Administrative Region, the People's Republic of China, Macedonia, Madagascar, Malawi, Malaysia, Maldives, Mali, Malta, Marshall Islands, Mauritania, Mauritius, Mexico, Micronesia, Moldova, Mongolia, Montenegro, Morocco, Mozambique, Myanmar, Namibia, Nepal, Netherlands, Netherlands Antilles, New Zealand, Nicaragua, Niger, Nigeria, Norway, Oman, Pakistan, Palau, Panama, Papua New Guinea, Paraguay, Peru, the Philippines, Poland, Portugal, Qatar, Romania, the Russian Federation, Rwanda, Samoa, San Marino, Sao Tome and Principe, Saudi Arabia, Senegal, Serbia, the Seychelles, Sierra Leone, Singapore, Slovak Republic, Slovenia, Solomon Islands, Somalia, South Africa, Spain, Sri Lanka, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines, Sudan, Suriname, Swaziland, the Kingdom of, Sweden, Switzerland, Syrian Arab Republic, Tajikistan, Tanzania, Thailand, Timor-Leste, Togo, Tonga, Trinidad and Tobago, Tunisia, Turkey, Turkmenistan, Uganda, Ukraine, United Arab Emirates, The United Kingdom, The United States, Uruguay, Uzbekistan, Vanuatu, Venezuela, Vietnam, Yemen, Zambia, Zimbabwe.