... has failed many nations that they so desperately wanted to help. Russia The IMF sought to help Russia back in 1992. Since, the IMF intervened in Russia, they have had little or no success. "The country's national income has dropped by about one-half, a disaster worse than the U.S. Great Depression."4 The number of Russians who are experiencing poverty and unemployment rose from 2 million to 60 million ... in any one year than it contributed to the IMF. This way no country is in debt to the IMF. Conclusion The IMF lost its primary objective when the international financial system moved a...

• Word Count: 1993
• Approx Pages: 8
• Grade Level: High School