
Organization
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The International Monetary Fund (IMF) is an international financial institution and a specialized agency of the United Nations, headquartered in Washington, D.C. It consists of 191 member countries, and its stated mission is "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". The IMF acts as a lender of last resort to its members experiencing actual or potential balance of payments crises.
“The big question today is 'Will globalisation allow democracy to survive?' On one side we have the multinationals, the International Monetary Fund and the European Union. I want to help to redress the balance on the other side.”
“The COVID-19 pandemic wreaked havoc on global supply chains but new International Monetary Fund research shows that more diversification of source countries and inputs can significantly reduce the economic drag from supply disruptions.”
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