What is the history of the International Monetary Fund?
The IMF was established in 1944 in the aftermath of the Great Depression of the 1930s. 44 founding member countries sought to build a framework for international economic cooperation. Today, its membership embraces 190 countries, with staff drawn from 150 nations.
What is IMF document?
The records document the core functions of the Fund including: the role and responsibilities of departments, offices and bureaus; financial operations and policies; IMF programs; and relations with member countries and other parties.
How do you cite IMF in APA?
APA (6th ed.) International Monetary Fund. (1980). World economic outlook. Washington, D.C: International Monetary Fund.
In which year the Articles of Agreement of IMF were changed for the first time?
December 27, 1945 Articles of Agreement enter into force upon signature by 29 governments, representing 80 percent of original quotas.
When was World Bank founded?
July 1944, Bretton Woods, NH
World Bank/Founded
What is IMF Article 8?
Under Article VIII, Sections 2, 3 and 4, IMF members undertake not to impose restrictions on the making of payments and transfers for current international transactions, and not to engage in, or permit any of their fiscal agencies to engage in, any discriminatory currency arrangement or multiple currency practice.
Can you visit the IMF?
The IMF Speakers’ Bureau welcomes visitors from around the world to IMF Headquarters in Washington, D.C., and offers an opportunity to learn more about the work of the International Monetary Fund. Audiences include university students, legislators, government representatives, business leaders, and other professionals.
What is IMF Wikipedia?
The International Monetary Fund (IMF) is an international financial institution, headquartered in Washington, D.C., consisting of 190 countries. Countries contribute funds to a pool through a quota system from which countries experiencing balance of payments problems can borrow money.