IMF - final

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International Monetary Fund: 

International Monetary Fund 187 member countries working together to foster global growth and economic stability Visar BISLIMI & Shpend AZIZI October 2011

Content: 

Content Overview The IMF purposes Functions Membership Collaboration with others History Establishment of IMF Debt and painful reforms Globalization and Crisis Advantages and Disadvantages Conclusion

Overview : 

Overview The IMF purposes Ensure the international monetary and financial system; Growth international trade; employment; reduce poverty; Exchange rate stability etc. Functions of the IMF

Overview : 

Membership 187 member countries Quotas determination , Voting power & Access to financing. SDRs (Special Drawing Rights) 1 SDR = 1.14 Euro or 1 SDR = 1.57 USD Largest Shareholders : US , Japan, Germany, France, UK . Collaboration with others World bank, WTO , UN agencies Overview

Countries’ quotas in IMF : 

Countries’ quotas in IMF

History and Development: 

History and Development Establishment of IMF Breton Woods System – 1944 Formal existence – 1945 , 29 Members Debts and painful reforms Oil shock 1970 Globalization and Crisis (2005-present)

Slide 7: 

Advantages and Disadvantages Advantages Co-operation and global financial stability. Provides temporary financial help Economic growth Financial advice Disadvantages Decisions made by rich Countries G8 Lending Money vs IMF conditions Unfair competition Inadequate Financial Advises Causing social problems

Conclusion: 

Conclusion " Countries in economic crisis that turn to the IMF for support will in fact inhibit their ability to attract multinational investors. Countries weathering a financial crisis will attract less foreign direct investment inflows if they sign IMF agreements,"

Thank you for your attention : 

Thank you for your attention Shpend Azizi & Visar Bislimi Questions?