International Monetary Fund
- International Monetary Fund
(IMF)
Established at the Bretton Woods conference (1944) in New Hampshire, the IMF describes itself as ‘an organisation of 185 members, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustain economic growth, and reduce poverty’. Almost all United Nations members participate in the Fund, recognising that in an increasingly interdependent world, the economic performance of any country is much related to the performance of others and to the stability of the global economic environment. In particular, the policies pursued by some states tend to impact on how well poorer countries perform. Globalisation requires international cooperation and this has increased the need for such international machinery.
In 1976, in the face of a dramatic slide in the pound in the foreign-exchange markets, the Callaghan Government in Britain had to seek a $3,900 million loan from the IMF. To obtain this assistance, it had to both increase taxes and make substantial cuts in public expenditure.
Glossary of UK Government and Politics .
2013.
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International Monetary Fund — n. an international organization, established by the United Nations, to promote monetary cooperation, international trade, and exchange stability and to help equalize balance of payments by allowing members to draw from its fund … English World dictionary
International Monetary Fund — (IMF) An international organisation founded in 1944 to promote international monetary co operation, exchange stability, and orderly exchange arrangements; to foster economic growth and high levels of employment; and to provide temporary financial … Law dictionary
International Monetary Fund — [ɪntə næʃnl mʌnɪtərɪ fʌnd], Abkürzung IMF [aɪem ef], der Internationale Währungsfonds … Universal-Lexikon
International Monetary Fund — International Monetary .Fund n the ↑IMF … Dictionary of contemporary English
International Monetary Fund — an international organization that promotes the stabilization of the world s currencies and maintains a monetary pool from which member nations can draw in order to correct a deficit in their balance of payments: a specialized agency of the… … Universalium
International Monetary Fund — Infobox Central bank bank name = bank name in local = International Monetary Fund image 1 = IMF.png image title 1 = IMF member states in green headquarters = Washington, D.C., USA president = Dominique Strauss Kahn leader title = Managing… … Wikipedia
International Monetary Fund — An organization founded in 1944 to oversee exchange arrangements of member countries and to lend foreign currency reserves to members with short term balance of payment problems. The New York Times Financial Glossary ( IMF) An organization… … Financial and business terms
International Monetary Fund — Hauptsitz des IWF in Washington D. C. Der Internationale Währungsfonds (Kürzel IWF bzw. IMF von englisch International Monetary Fund) ist eine Sonderorganisation der Vereinten Nationen. Er ist eine Schwesterorganisation der … Deutsch Wikipedia
International Monetary Fund, the — International Monetary ,Fund, the the IMF … Usage of the words and phrases in modern English
International Monetary Fund — IMF An international organization established in 1947 to enhance stability and convertibility in the international monetary system. The Fund assists any member experiencing short term balance of payments difficulties by supplying the amount of… … Big dictionary of business and management
International Monetary Fund — IMF A specialized agency of the United Nations established in 1947 to promote stability and convertibility in the international monetary system. The Fund assists any member experiencing short term balance of payments difficulties by supplying the … Accounting dictionary
