International Monetary Fund
Crisis bailout organization
The International Monetary Fund is an organization of member nations that promotes global monetary cooperation and financial stability.
Founded in 1944, the IMF provides loans to countries facing economic crises, often with conditions requiring policy reforms.
It monitors exchange rates and advises on fiscal policy: The IMF approved a bailout package for the struggling economy.
Often referred to as the IMF.
Global development finance institution
- G20Top economies' coordination body
- globalizationWorldwide economic and cultural integration
- cross-borderSpanning national boundaries
- trade policyRules governing international exchange
Emergency aid preventing bankruptcy
- financial assistanceMonetary help for needs
- lender of last resortEmergency credit source for banks
- sovereign debtMoney governments owe creditors
- defaultPreset standard option
contagion · stabilization · rescue package · Argentina · austerity measures · restructuring · recovery program · debt relief
Nation's international transaction record
- lendingTemporary provision of resources
- debt restructuringRenegotiating borrower payment terms
- liquidityConvertibility to cash
- capital flowsMovement of investment money
foreign exchange · fiscal policy · austerity · disbursement · repayment
Fixed assigned amount
- conditionalityState of being dependent
- member countriesNations in an alliance
- surveillanceSystematic observation of subjects
- multilateralInvolving multiple parties
Expert help with systems
- poverty reductionDecreasing numbers below subsistence
- emerging marketsRapidly growing economies
- economic reformSystematic policy modernization
- growth strategyPlan for organizational scaling
World Bank
Global development finance institution
- G20Top economies' coordination body
- globalizationWorldwide economic and cultural integration
- cross-borderSpanning national boundaries
bailout
Emergency aid preventing bankruptcy
- financial assistanceMonetary help for needs
- lender of last resortEmergency credit source for banks
- sovereign debtMoney governments owe creditors
default · contagion · stabilization · rescue package · Argentina · austerity measures · restructuring · recovery program · debt relief
balance of payments
Nation's international transaction record
- lendingTemporary provision of resources
- debt restructuringRenegotiating borrower payment terms
- liquidityConvertibility to cash
capital flows · foreign exchange · fiscal policy · austerity · disbursement · repayment
quota
Fixed assigned amount
- conditionalityState of being dependent
- member countriesNations in an alliance
- surveillanceSystematic observation of subjects
multilateral · intergovernmental · voting rights · headquarters
technical assistance
Expert help with systems
- poverty reductionDecreasing numbers below subsistence
- emerging marketsRapidly growing economies
- economic reformSystematic policy modernization
- Economic OrganizationsIMF, World Bank, OECD, WTO, central bank
- Global OrganizationsUN, European Union, EU, NATO, WHO
- IMFIMF, SDR, quota, quota system, conditionality
- UN AgenciesWHO, UNESCO, UNICEF, World Health Organization, ILO
- UN SystemUN, General Assembly, Security Council, Secretariat, UN Charter
International Monetary Fundcommunity bank
Local financial institution serving area
commercial bank · private equity firm · Federal Reserve · Bank of England · retail bank
International Monetary Fundautarky
Complete economic independence
economic nationalism · import substitution · protectionism · socialist planning
International Monetary Fundcommercial bank
Deposit and loan institution
retail bank · investment bank · JPMorgan Chase · Goldman Sachs · payday lender
international, monetary, nation, nations, national, nationally, nationalism, nationalist, nationalize