What is the function of the International Monetary Fund (IMF) in global politics? 🔊
The function of the International Monetary Fund (IMF) in global politics is to promote monetary cooperation and financial stability among its member countries. The IMF provides financial assistance and expert advice to nations facing economic difficulties, helping them stabilize their economies through tailored programs. It monitors global and national economic trends, offering policy recommendations aimed at promoting sustainable growth. By facilitating international trade and providing a framework for economic cooperation, the IMF plays a critical role in preventing and resolving financial crises, supporting global economic stability.
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