IMF and its changing role in lending policy-An evaluation

Yogesh, H. S. (2016) IMF and its changing role in lending policy-An evaluation. International Journal of Advanced Research in Management and Social Sciences, 5 (4). pp. 87-98. ISSN 2278-6236

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The International Monetary Fund is an international organization which was came into existence to work for foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world. Further, the IMF loans are meant to help member countries tackle balance of payments problems, stabilize their economies, and restore sustainable economic growth. This crisis resolution role is at the core of IMF lending and the IMF has been trying to help the poor member countries through its lending policy. In the light of the above, it is necessary to examine the process of lending policy of the IMF and trends in the allocation of lending facilities among the member countries. Finally, the paper concluded that, IMF's success cannot be measured simply in terms of the objectives and hopes of the founders of the Fund. It has been pointed out that the Fund has not been successful in its fundamental objectives. The Fund has tried to establish a properly functioning international monetary system which is very essential for the expansion of free and multilateral world trade.

Item Type: Article
Subjects: A Arts and Humanities > Economics
Divisions: Department of > Economics and Cooperation
Depositing User: manjula User
Date Deposited: 11 Jun 2019 05:49
Last Modified: 11 Jun 2019 05:49

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