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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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- Winter '08
- International Monetary Fund, crisis IMF, aid IMF, inernational economical domino