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ECONOMICS OF INTERNATIONAL TRADE

A Synopsis On
IMF (International monetary fund)

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INTRODUCTION:
The International Monetary Fund (IMF), also known as the Fund, is an international
organization headquartered in Washington, D.C., consisting of 189 countries working to foster
global monetary cooperation, secure financial stability, facilitate international trade, promote
high employment and sustainable economic growth, and reduce poverty around the world
while periodically depending on World Bank for its resources. Formed in 1944 at the Bretton
Woods Conference primarily by the ideas of Harry Dexter White and John Maynard Keynes, it
came into formal existence in 1945 with 29 member countries and the goal of reconstructing
the international payment system. It now plays a central role in the management of balance of
payments difficulties and international financial crises. Countries contribute funds to a pool
through a quota system from which countries experiencing balance of payments problems can
borrow money.

OBJECTIVE:
1. To study about IMF (international monetary fund).
2. To study the history of IMF.
3. To study the structure of IMF.
4. To study the members of IMF.
5. To study the leadership of IMF.
6. To study the voting power of members in IMF.

RESEARCH METHODOLOGY:

The Research Methodology will be based on the data on secondary resources. Information and
data would be collected; analysis and recommendation will be made.

RESEARCH TECHNIQUES FOR DATA COLLECTION:

The important data collection techniques will include internet, article, books and journals.

RESEARCH QUESTION:
1. What is the IMF (international monetary fund)?
2. How to work IMF.
3. What is the need of IMF?
4. What is the structure of IMF?

HYPOTHESIS:

CHAPTERIZATION:

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