The Imf Short Notes`

OUR HISTORY July 1944 (Bretton Woods, New Hampshire, USA) conceived at a UN conference. * 1944 – 71 Cooperation and Reconstruction * 1972 – 81 End of the Bretton Woods System * 1982 – 89 Debt and Painful Reforms * 1990 – 2004 Societal Change for Eastern Europe and Asian Upheaval * 2005 – Present Globalization and Crisis WHY WE WERE FORMED “To build a framework for economic cooperation that would avoid a repetition of the vicious circle of competitive devaluations that had contributed to the Great Depression of the 1930s.” PURPOSE & OBJECTIVES * promoting international monetary cooperation * facilitating the expansion and balanced growth of international trade * promoting exchange stability * assisting a multilateral system of payments * making resources available to members experiencing BOP difficulties
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OUR HISTORY July 1944 (Bretton Woods, New Hampshire, USA) conceived at a UN conference. * 1944 – 71 Cooperation and Reconstruction * 1972 – 81 End of the Bretton Woods System * 1982 – 89 Debt and Painful Reforms * 1990 – 2004 Societal Change for Eastern Europe and Asian Upheaval * 2005 – Present Globalization and Crisis WHY WE WERE FORMED “To build a framework for economic cooperation that would avoid a repetition of the vicious circle of competitive devaluations that had contributed to the Great Depression of the 1930s.” PURPOSE & OBJECTIVES * promoting international monetary cooperation * facilitating the expansion and balanced growth of international trade * promoting exchange stability * assisting a multilateral system of payments * making resources available to members experiencing BOP difficulties
OUR ORG. STRUCTURE AND GOVERNANCE