World monetary system and the role of IMF - Term Paper Example

Only on StudentShare

Extract of sample
World monetary system and the role of IMF

Also, there are resentments about the IMF’s interferences in the internal economic policies of the countries in matters related to opening up of industries to globalization, privatization of public sector companies, fiscal discipline, abolition of subsidies for narrowing down the budget deficits and reform processes. This paper seeks to review the role of IMF in world monetary system and the relevance of their policies under current developments in international economy. Since world monetary system is linked to world economy, the analysis covers its impact on world economy and the adequacy of the system to deal with the emerging challenges in relation to its objectives. Introduction “The International Monetary Fund (IMF) is an organization of 188 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.” (IMF) In the backdrop of increasing globalization drive in various countries, technological developments, advent of internet and mobile telephony, the international trade has undergone significant changes over years. ...Show more

Summary

The International Monetary Fund plays a major role in evolution of international monetary policies and economic policies of the governments of the member countries. …
Author : seamus49
Save Your Time for More Important Things
Let us write or edit the term paper on your topic
"World monetary system and the role of IMF"
with a personal 20% discount.
Grab the best paper

Related Essays

Macroeconomic convergence, development and growth
According to the paper, the developing economies have the advantage of diminishing returns to factors, so they can converge faster than developed economies. Convergence depends on various factors such as the speed of capital formation, population growth and the presence of efficient economic policies as well as appropriate financial institutions.
9 pages (2250 words) Essay
Reforms in the International Finance System
The article takes a deeper look at the financial crisis or great recession as probably the worst financial catastrophe after the Great Depression in the 1930s. The global financial crises typically led to the subsiding of many financial institutions all around the world, crumpling of stock and financial markets globally and bailouts of financial institutions by governments.
17 pages (4250 words) Essay
Historical Analysis of the Role of the Dollar in International Finance
The modern model of wealth creation (income) is built on access to cheap credit, which, in turn, is due to issued (printed) dollars, is coming to an end. For this reason, there is good reason to believe that research in this direction will be the most important in the historical economics of the first half of the 21st century Prospects for the dollar in the near future look rather doubtful.
8 pages (2000 words) Research Paper
Foreign Monetary System
Through progressing towards free trade in East Asia, there are studies showing that the intra trade amongst the countries in this region is more than the countries in North America and pretty similar to the European Union. In recent years, a triangle was created with other East Asian countries exporting secondary goods to China, which they assembled into finished products and exported abroad.
3 pages (750 words) Essay
Financing The short Term Obligations of the Business (BMW vs Mercedes)
The short-term finance refers to that finance which is obtained for a shorter period of time, generally for a period of less than one year. After obtaining the short-term finance, the companies make use of it in either raising working capital for the business or financing other areas of the business.
4 pages (1000 words) Assignment
International Finance: (International monetary system 1925-1960)
They promote means of payment between buyers and sellers of different nations including deferred payments. It provides the framework for ensuring liquidity without fuelling inflation and corrects the global imbalances or restricts their emergence, while facilitating an orderly payment system.
9 pages (2250 words) Essay
Reforming World Finance: Geopolitical Challenges
Globalization seems to be in retreat with de-globalization being in vogue, especially with countries that remained insulated as far as their financial systems are concerned; for example, China and India, suffering the least damage economically (Altman, 2009: p1).
14 pages (3500 words) Essay
The monetary financial system
A collective investment is a pool of fund managed by professionals where the money is invested in various securities forming a well-diversified portfolio. As opposed to the individual investment, being a part of the collective investment provides the investor with the economies of scale, cost sharing and risk diversification.
4 pages (1000 words) Essay
Effect on interest rates due to the investment in REITs
The earnings by oil groups and record returns in services businesses revived the fortunes in manufacturing sector in Britain in 2006. The capital invested by UK companies in manufacturing sector rose to 15.5 percent in the final quarter. The increase of profitability for the corporate companies in Britain came in spite of squeezing margins.
9 pages (2250 words) Essay
Find out how much would it cost
to get a custom paper written by a pro under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
YOUR PRIZE:
Apply my DISCOUNT