International Monetary Fund IMF. Globalization and world crisis

Learning unit: International Monetary Fund IMF. Syllabus:

Course learning materials: Fondo Monetario Internacional FMI

Related masters: Master in Foreign Trade - Master Executive International business - Diploma in International Trade - Master in Emerging Markets - Master International Relations. Spanish: Comercio Exterior FMI

Course summary (International Monetary Fund IMF)

IMF. World Economic outlook. Surveillance, assistance and lending. Collaboration with other institutions (WB, WTO, UN). MIB

The International Monetary Fund (IMF) is an organization of 186 countries, working to:
- foster global monetary cooperation,
- secure financial stability,
- facilitate International trade,
- promote high employment and sustainable economic growth, and
- reduce poverty around the world.

With its near-global membership of 186 countries, the International Monetary Fund (IMF) is uniquely placed to help member governments take advantage of the opportunities—and manage the challenges—posed by globalization and economic development more generally. The IMF tracks global economic trends and performance, alerts its member countries when it sees problems on the horizon, provides a forum for policy dialogue, and passes on know-how to governments on how to tackle economic difficulties.

Helping a country benefit from globalization while avoiding potential downsides is an important task for the IMF. The global economic crisis has highlighted just how interconnected countries have become in today’s world economy.

To become A member, a country must apply and then be accepted by a majority of the existing members. In June 2009, the former Yugoslav republic of Kosovo joined the IMF, becoming the institution's 186th member.

The SDR (Special Drawing Rights) is an international reserve asset, created by the IMF in 1969 to supplement its member countries’ official reserves. Its value is based on a basket of four key international currencies, and SDRs can be exchanged for freely usable currencies. With a general SDR allocation taking effect on August 28 and a special allocation on September 9, 2009, the amount of SDRs will increase from SDR 21.4 billion to SDR 204.1 billion (currently equivalent to about $317 billion).

Example of the course International Monetary Fund:

Web site International Monetary Fund IMF

International, Monetary Fund, IMF, Globalization, Crisis, World, Economic, Outlook, Surveillance, assistance, lending, Collaboration, other, institutions, WB, WTO, UN, Master