IMF

A detailed Summary of IMF


The IMF: Good Economics but Bad Politics? Or Good Politics but Bad Economics?

The International Monetary Fund, established in 1944, to foster long-term economic growth and stability in an environment of weak international capitol markets. Making it originally good economics. Today's International Monetary Fund has become more of an international force and lender. "President Clinton wants the IMF to devote more attention to preventing crisis rather than responding to them"(Calomiris). The International Monetary Fund today is good politics rather than good economics.

As a result of the 1929 market collapse the International Monetary Fund was shaped. It was not until 1944 the International Monetary Fund was created at Bretton Woods with the World Bank; it is he


Parrish, Duncan. Who Rules the World?, New Statesman. April 2,1999. http://www.consider.net/library.php3?Action=Record&searchStart=1&searchRange=10&searchWriter=&searchContent=Parrish&searchSection=&searchDayFrom=&searchMonthFrom=&searchYearFrom=&searchDayTo=&searchMonthTo=&searchYearTo=&URN=199904020016.



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Approximate Word count = 514
Approximate Pages = 2 (250 words per page double spaced)

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