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International Financial Management
International
Monetary Fund
History
International Monetary Fund
 Great Depression
 Decline In World Trade
 The Second World War
 Bretton Woods
International Financial Management
International Monetary Fund (IMF)
The International Monetary Fund (IMF) was established at
a United Nations Monetary and Financial Conference, also
known as Bretton Woods Conference, primarily by the
ideas of Harry Dexter White and John Maynard Keynes, on
22 July 1944 as an organ under the UN System with 44
founding members countries. The IMF headquarters is
located in Washington D.C., U.S.A. Today, its members 190
countries.
 IMF Is Established For Promoting
 Expansion Of Trade
 Economic Growth
 Multilateral System Of Payments
 Reducing Balance Of Payments Difficulties
IMF
Objective & Function
OBJECTIVES:
i. International monetary cooperation
ii. To ensure stability in foreign exchange rates
iii. To promote international trade
iv. To promote investment of capital in backward and underdeveloped
countries
v. To eliminate or reduce the disequilibrium in the balance of payments
Functions:
i. Currency reservoir
ii. Advisory and technical assistance
iii. Establishment of a monetary reserve fund
iv. To set up of a multilateral trade and payment system
v. Check on competitive currency devaluation

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IMFI (1).pptx

  • 3.  Great Depression  Decline In World Trade  The Second World War  Bretton Woods International Financial Management International Monetary Fund (IMF)
  • 4. The International Monetary Fund (IMF) was established at a United Nations Monetary and Financial Conference, also known as Bretton Woods Conference, primarily by the ideas of Harry Dexter White and John Maynard Keynes, on 22 July 1944 as an organ under the UN System with 44 founding members countries. The IMF headquarters is located in Washington D.C., U.S.A. Today, its members 190 countries.
  • 5.  IMF Is Established For Promoting  Expansion Of Trade  Economic Growth  Multilateral System Of Payments  Reducing Balance Of Payments Difficulties
  • 7. OBJECTIVES: i. International monetary cooperation ii. To ensure stability in foreign exchange rates iii. To promote international trade iv. To promote investment of capital in backward and underdeveloped countries v. To eliminate or reduce the disequilibrium in the balance of payments
  • 8. Functions: i. Currency reservoir ii. Advisory and technical assistance iii. Establishment of a monetary reserve fund iv. To set up of a multilateral trade and payment system v. Check on competitive currency devaluation