RELEVANT ASPECTS OF THE FUNCTIONING OF THE INTERNATIONAL MONETARY FUND Cover Image

RELEVANT ASPECTS OF THE FUNCTIONING OF THE INTERNATIONAL MONETARY FUND
RELEVANT ASPECTS OF THE FUNCTIONING OF THE INTERNATIONAL MONETARY FUND

Author(s): Anișoara Băbălău
Subject(s): Economy, Supranational / Global Economy, Business Economy / Management, Sociology, Economic history, Recent History (1900 till today)
Published by: Editura Arhipelag XXI
Keywords: Statute of the International Monetary Fund; international financial institution; amendment; fixed parities; the US dollar; special shoothing rights;

Summary/Abstract: The operating rules of the international monetary system adopted at the Bretton Woods Conference were some of the most stable ones in the world, and the set goals were achieved over time. One of the most important operational rules of the IMF was to establish the ratios for the countries of the world. The IMF's operation was faced with a difficult problem with the lack of dollars because of the fact that a large part of the European countries and Jardonias are in the process of meeting the needs of all the citizens who are involved in the process of supplying them with more information United States. In the years 1948 and 1952, the United States sent to Europe, in the years 1948 and 1952, 13billions dollar. According to this Plan, countries have to be banned in the process of redevelopment of barriers and intranasalisations; but also, and the risk of becoming more vulnerable to wind turbidity. The Marshall Plan benefited only the countries of Western Europe, not the socialist countries in the USSR's sphere of influence. The US's promotion of the Marshall Plan has diminished the role of the IMF, as the Marshall Plan has in some ways proved to be an alternative to IMF programs, and it could no longer ask countries that no longer borrow from it to apply the programs reforms to remove monetary imbalances in member countries.

  • Issue Year: 2019
  • Issue No: 17
  • Page Range: 180-185
  • Page Count: 6
  • Language: Romanian