Special Report on
The international monetary system
The international monetary system - Trends
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The IMF is the world's central organization for international monetary cooperation. It is an organization in which almost all countries in the world work together to promote the common good. The IMF's primary purpose is to ensure the stability of the international monetary system—the system of exchange rates and international payments that enables countries (and their citizens) to buy goods and services from each other. This is essential for sustainable economic growth and rising living standards. To maintain stability and prevent crises in the international monetary system, the IMF reviews national, regional, ...
have been issued by world leaders, the United Nations, the media, and numerous economists. But the IMF report, entitled “ Reserve Accumulation and International Monetary Stability ,” offers very specific proposals which — not surprisingly — would involve handing it massive new powers over the global economy. According to the paper, published by the IMF’s strategy, policy and review department, growing hoarding of reserves by various governments and monetary authorities are leading to “unsustainable” imbalances and other problems. The IMF says the figure is around 13 percent of global GDP. ... Read More
SURVEY RESULTS FOR
THE INTERNATIONAL MONETARY SYSTEM
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