What are the functions of the International Monetary Fund in global politics? 🔊
The International Monetary Fund (IMF) plays several key functions in global politics, primarily focusing on promoting financial stability and facilitating international trade. It provides financial assistance to member countries facing balance of payments problems, aiming to stabilize their economies. Additionally, the IMF conducts economic surveillance, offering policy advice to promote sustainable growth and prevent crises. It also plays a role in capacity development, helping countries enhance their financial management systems. By fostering international economic cooperation, the IMF influences global economic policies and promotes stability among nations.


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