1. The International Monetary Fund
... the world, and further international trade. It conceived at the United Nation conference in Bretton Woods, New Hampshire, but was created officially in 1945. The IMF's job is to uphold global growth and economic stability by giving aid to developing countries so they can achieve macroeconomic stability and reduce poverty. The IMF provides alternate sources of financing. The two primary functions were ... to oversee the fixed exchange rate arrangements between countries and to provide short term capital to aid balance of payments. The IMF was also intended to help mend the international e...
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- Grade Level: Graduate