Monday, June 1, 2009

The International Monetary Fund

The International Monetary Fund or IMF is an organization of 185 different countries around the world. They are 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.
The International Monetary Fund has a lot of different history situations with them. The IMF has played a part shaping the global economy since the end of World War 2. There first deal was the cooperation and reconstruction of 1944-1971. The Next one was The End of The Bretton Woods System (1972-1981). Another one is Debt and Painful Reforms (1982-1989). The funding Has helped a lot of people and still is.
The International Monetary Fund has a lot of work they have to do. The IMF monitors the world's economies, lends to members in the economic difficulty, and provides technical assistance. The IMF's fundamental mission is to help ensure stability in the the world's international system. It does so in three ways: keeping track of the global economy and the economies of member countries. They do a lot of lending to different countries around the globe and help balance payment difficulties.
For helping a lot of different countries around the world they have a lot of finances to deal with. They also want to keep everything perfectly organized just in case of something bad. The IMF has a management team and a lot of different departments that carry out its country, policy, analytical, and technical work. One department is charged with managing the IMF's resources. They also have a lot of different places where they get their resources.
The International Monetary Fund has been a big success. It has helped so many people and countries that are in need. They are good with their Organization and Finances. The do a lot of good work to the people who are in poverty. If the International Monetary Fund keeps on doing a good job then the world could be a better place.

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I do a lot of reading, I love to Ride Horses, I Dance at Van Dance Academy (Hip Hop and Break, Lyrical, Jazz, Character). I enjoy piano