Click to see an enlarged picture
International Monetary Fund. Wikimedia Commons (Public Domain)

Pictures from Google Image Search

Click to see an enlarged picture
Click to see an enlarged picture
Click to see an enlarged picture
Click to see an enlarged picture
Find more facts and information on our topic page about international monetary system

International Monetary Fund

A Dictionary of Business and Management | 2006 | © A Dictionary of Business and Management 2006, originally published by Oxford University Press 2006. (Hide copyright information) Copyright

International Monetary Fund (IMF) An international organization established in 1947 to enhance stability and convertibility in the international monetary system. The Fund assists any member experiencing short-term balance of payments difficulties by supplying the amount of foreign currency it wishes to purchase in exchange for the equivalent amount of its own currency. The member repays this amount by buying back its own currency in a currency acceptable to the Fund, usually within three to five years. High levels of borrowing are conditional on the implementation of IMF suggested policies for a country. The Fund is financed by subscriptions from its members, the amount determined by an estimate of their means. Voting power is related to the amount of the subscription. The head office of the IMF is in Washington. See also conditionality.

Cite this article
Pick a style below, and copy the text for your bibliography.

  • MLA
  • Chicago
  • APA

"International Monetary Fund." A Dictionary of Business and Management. Oxford University Press. 2006. Encyclopedia.com. 22 Dec. 2009 <http://www.encyclopedia.com>.

"International Monetary Fund." A Dictionary of Business and Management. Oxford University Press. 2006. Encyclopedia.com. (December 22, 2009). http://www.encyclopedia.com/doc/1O18-InternationalMonetaryFund.html

"International Monetary Fund." A Dictionary of Business and Management. Oxford University Press. 2006. Retrieved December 22, 2009 from Encyclopedia.com: http://www.encyclopedia.com/doc/1O18-InternationalMonetaryFund.html

Learn more about citation styles

Related newspaper, magazine, and trade journal articles from HighBeam Research

(Including press releases, facts, information, and biographies)

Monetary policy.
Magazine article from: NBER Reporter; 12/22/2001; ; 700+ words ; ...Federal Reserve System as the research...stimulated my interest in monetary policy issues and...actually conduct monetary policy and how the conduct of monetary policy might be...Strategies: The International Experience In recent...
Monetary integration: prospects for a changing world economy.(RETHINKING FINANCE)
Magazine article from: Harvard International Review; 1/1/2009; ; 700+ words ; ...global monetary system would fall from...bodes for global monetary relationships. Monetary Integration Before...exchange-rate systems in favor of floating...heavily exposed to international trade, it seemed...an alternative monetary anchor, one that...exchange-rate ...
International Monetary Policy Coordination and Competitive Depreciation: A Reevaluation.
Magazine article from: Journal of Money, Credit & Banking; 11/1/2000; ; 700+ words ; ...monetary policy making in a system of flexible exchange...neighbor types of monetary policies. This is because...environment where a surprise monetary expansion in one country...of PTM, a surprise monetary expansion reduces foreign...the implications for international monetary ...
International Monetary Arrangements for the 21st Century.
Magazine article from: Southern Economic Journal; 4/1/1996; ; 700+ words ; ...lack credibility, but monetary unions have it. Second...currency board versus full monetary union, and we need...has less to do with international monetary arrangements than domestic...protect the monetary system against the state...
Monetary policy in the 21st century, NATION
Newspaper article from: The Nation (Thailand); 1/5/2000; 700+ words ; ...s currency. Such a monetary authority does not have...the currency- basket system was in place. This...limited control over its monetary policy while the Thai...establishment of the Bangkok International Banking Facility in...effectively conduct its monetary policy. The domestic...
Toward monetary union of the European Community: history and experiences of the European monetary system.
Magazine article from: The American Journal of Economics and Sociology; 7/1/1994; ; 700+ words ; ...of the Bretton Woods System, the Smithsonian Accord...Float, the European Monetary System (EMS), the...contributions of the ERM to monetary stability are examined...comments. II History of Monetary Integration MONETARY...rate management and international monetary ...
European Monetary Union since 1848: A Political and Historical Analysis
Magazine article from: Business History Review; 4/1/1997; ; 700+ words ; ...essential in a democratic system-a single government...continent-wide policies. Monetary integration therefore...prerequisite for successful monetary union. Vanthoor's...watertight. A single monetary policy will inevitably...need to satisfy the international capital markets and...
The Art of Monetary Policy.
Magazine article from: Journal of Economic Issues; 9/1/1995; ; 700+ words ; ...details, and international monetary issues. The...the political system, broadly construed...weighing the System's actions...implementation of monetary policy is evaluated...important tool of monetary policy. International monetary issues...
Peering through the monetary mist. (monetary policy and financial markets)(Survey of the World Economy)
Magazine article from: The Economist (US); 10/7/1995; 700+ words ; ...governments do indeed lose monetary control: domestic interest...complaints about the loss of monetary sovereignty to financial...exchange rates. If international capital markets were...countries. Domestic monetary policy would be powerless...under the Bretton Woods system. A second ...
The United States as a monetary union and the euro: a historical perspective.
Magazine article from: The Cato Journal; 3/22/2004; ; 700+ words ; ...and Italy compared with international monetary unions like the Scandinavian...the historic pre-1914 international monetary unions, the union basically...quality by the members. These international monetary unions effectively dissolved...

Related entries from encyclopedias, dictionaries, and thesauruses

International Monetary Fund
Dictionary entry from: Dictionary of American History ...is determined by an IMF accounting system based on a weighted average of major...1945 – 65: Twenty Years of International Monetary Cooperation. Washington, D.C.: International Monetary Fund, 1969. International Monetary...
IMF (International Monetary Fund)
Encyclopedia entry from: Encyclopedia of Espionage, Intelligence, and Security ...new international system of economic collaboration...organization were to expand international trade, and to protect the stability of international currencies and exchange...implement their own monetary, tax, and exchange...globalization (the merging of international markets), the ...
international monetary system
Book article from: The Columbia Encyclopedia, Sixth Edition international monetary system rules and procedures...single, unified international monetary system. Floating Exchange...nations (see European Monetary System ). The euro replaced...dollar in the primary international bond market. Many...
SIC 9311 Public Finance, Taxation, and Monetary Policy
Encyclopedia entry from: Encyclopedia of American Industries ...the United States, monetary policy is controlled...the implementation of monetary policy include open...finance, taxation, and monetary policy can be divided...the Federal Reserve System, the Internal Revenue...competitiveness, international trade, and technological...
monetary agreement
Book article from: The Columbia Encyclopedia, Sixth Edition ...Union (EU) has also led to increasing monetary cooperation through the European Monetary System . In 1999 most EU nations adopted a single...Bibliography: See W. M. Scammell, International Monetary Policy (2d ed. 1961).

Related research topics

Find thousands of answers for hundreds of subjects at Smart QandA .

All answers verified by trusted sources at Encyclopedia.com

Try Smart QandA now!

For students and teachers!

Encyclopedia.com provides students and teachers facts, information, and biographies from verified, citable sources, including:

Encyclopedia.com provides students and teachers facts, information, and biographies from verified, citable sources, including: