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International Monetary Fund

International Monetary Fund - ← ← IMF birthed at the...

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International Monetary Fund 08/02/2008 15:55:00 The IMF: Help or Catastrophe? Asian Financial Crisis Christians in DC said that suffering has increased due to the IMF 182 member countries of the IMF and World Bank small ecnomony in Asia (Thailand) was the first domino, in a world of  integration, that lead to an inernational economical domino effect. o Thailand’s economy declined, many other Asian countries also fell o IMF misdiagnosed and then mistreated the crisis
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Unformatted text preview: ← ← IMF birthed at the Bretton Woods Conference • UN met at B.W. to establish the IMF after WWII o First 3 months were ineffective and detrimental • Started out simply o Oversee fixed exchange rates o Give short term loans to countries in need of aid • IMF is now secretive and arrogant o Needs to be more open and accessible to the media • 08/02/2008 15:55:00 ← 08/02/2008 15:55:00 ←...
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