{"id":10582,"date":"2023-05-31T09:00:00","date_gmt":"2023-05-31T08:00:00","guid":{"rendered":"https:\/\/finseta.com\/?p=10582"},"modified":"2023-02-03T12:08:57","modified_gmt":"2023-02-03T12:08:57","slug":"how-the-imf-works","status":"publish","type":"post","link":"https:\/\/finseta.com\/ca-en\/how-the-imf-works\/","title":{"rendered":"How the IMF works"},"content":{"rendered":"\t\t<div data-elementor-type=\"wp-post\" data-elementor-id=\"10582\" class=\"elementor elementor-10582\" data-elementor-post-type=\"post\">\n\t\t\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-b5c998e elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"b5c998e\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-wide\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-913bcf8\" data-id=\"913bcf8\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-1e76dc7 elementor-widget elementor-widget-text-editor\" data-id=\"1e76dc7\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Headquartered in Washington DC, the International Monetary Fund (IMF) has been in operation for nearly 80 years.<\/p><p>In the below article, we&#8217;ll look at its history and its role in today&#8217;s global economy.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-76ed0937 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"76ed0937\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-wide\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-7fe1880a\" data-id=\"7fe1880a\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-147f0132 elementor-widget elementor-widget-image\" data-id=\"147f0132\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t<figure class=\"wp-caption\">\n\t\t\t\t\t\t\t\t\t\t<img fetchpriority=\"high\" decoding=\"async\" width=\"498\" height=\"343\" src=\"https:\/\/finseta.com\/wp-content\/uploads\/2023\/04\/IMF-stamp.jpeg\" class=\"attachment-large size-large wp-image-10850\" alt=\"\" srcset=\"https:\/\/finseta.com\/wp-content\/uploads\/2023\/04\/IMF-stamp.jpeg 498w, https:\/\/finseta.com\/wp-content\/uploads\/2023\/04\/IMF-stamp-300x207.jpeg 300w\" sizes=\"(max-width: 498px) 100vw, 498px\" data-attachment-id=\"10850\" data-permalink=\"https:\/\/finseta.com\/how-the-imf-works\/imf-stamp\/\" data-orig-file=\"https:\/\/finseta.com\/wp-content\/uploads\/2023\/04\/IMF-stamp.jpeg\" data-orig-size=\"498,343\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;1&quot;}\" data-image-title=\"IMF stamp\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/finseta.com\/wp-content\/uploads\/2023\/04\/IMF-stamp.jpeg\" \/>\t\t\t\t\t\t\t\t\t\t\t<figcaption class=\"widget-image-caption wp-caption-text\"><\/figcaption>\n\t\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-4e9ca4a1\" data-id=\"4e9ca4a1\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3ccd7d9f elementor-widget elementor-widget-heading\" data-id=\"3ccd7d9f\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">A new economic order...<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-170be112 elementor-widget elementor-widget-text-editor\" data-id=\"170be112\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>The IMF started life in the 1940s when the allies began to meet to discuss how to create a new economic order following the inevitable defeat of Nazi Germany and its allies. They wanted to create an international financial system that would help to avoid the economic crises that had led so many countries to descend into turmoil and political instability.\u00a0<\/p><p>Initially, 40 countries joined up as member states. For a period during the height of the Cold War, many Communist bloc countries left. Today the IMF has 190 member countries, the only notable non-members being Cuba and North Korea.\u00a0\u00a0<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-3d330030 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"3d330030\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-758515d2\" data-id=\"758515d2\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-47cf0c5d elementor-widget elementor-widget-spacer\" data-id=\"47cf0c5d\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"spacer.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-63bead3b elementor-reverse-mobile elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"63bead3b\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-wide\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-345018c8\" data-id=\"345018c8\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-5b538717 elementor-widget elementor-widget-heading\" data-id=\"5b538717\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">6 founding principles...<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-6b489c5b elementor-widget elementor-widget-text-editor\" data-id=\"6b489c5b\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>The IMF was founded with 6 core purposes, which are as follows (in their own words):<\/p><p>(i) <strong>To promote international monetary cooperation through a permanent institution<\/strong> which provides the machinery for consultation and collaboration on international monetary problems.<\/p><p>(ii) <strong>To facilitate the expansion and balanced growth of international trade<\/strong>, and to contribute thereby to the promotion and maintenance of high levels of employment and real income and to the development of the productive resources of all members as primary objectives of economic policy.<\/p><p>(iii) <strong>To promote exchange stability<\/strong>, to maintain orderly exchange arrangements among members, and to avoid competitive exchange depreciation.<\/p><p>(iv) <strong>To assist in the establishment of a multilateral system of payments<\/strong> in respect of current transactions between members and in the elimination of foreign exchange restrictions which hamper the growth of world trade.<\/p><p>(v) <strong>To give confidence to members by making the general resources of the Fund temporarily available<\/strong> to them under adequate safeguards, thus providing them with the opportunity to correct maladjustments in their balance of payments without resorting to measures destructive of national or international prosperity.<\/p><p>(vi) In accordance with the above, t<strong>o shorten the duration and lessen the degree of disequilibrium in the international balances of payments of member<\/strong>s.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-4bec3246\" data-id=\"4bec3246\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2f7c7e3d elementor-widget elementor-widget-image\" data-id=\"2f7c7e3d\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t<figure class=\"wp-caption\">\n\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"800\" height=\"616\" src=\"https:\/\/finseta.com\/wp-content\/uploads\/2023\/04\/IMF-HQ.tif-1024x788.jpg\" class=\"attachment-large size-large wp-image-10849\" alt=\"\" srcset=\"https:\/\/finseta.com\/wp-content\/uploads\/2023\/04\/IMF-HQ.tif-1024x788.jpg 1024w, https:\/\/finseta.com\/wp-content\/uploads\/2023\/04\/IMF-HQ.tif-300x231.jpg 300w, https:\/\/finseta.com\/wp-content\/uploads\/2023\/04\/IMF-HQ.tif-768x591.jpg 768w, https:\/\/finseta.com\/wp-content\/uploads\/2023\/04\/IMF-HQ.tif-1200x923.jpg 1200w, https:\/\/finseta.com\/wp-content\/uploads\/2023\/04\/IMF-HQ.tif.jpg 1280w\" sizes=\"(max-width: 800px) 100vw, 800px\" data-attachment-id=\"10849\" data-permalink=\"https:\/\/finseta.com\/how-the-imf-works\/imf-hq-tif\/\" data-orig-file=\"https:\/\/finseta.com\/wp-content\/uploads\/2023\/04\/IMF-HQ.tif.jpg\" data-orig-size=\"1280,985\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"IMF HQ.tif\" data-image-description=\"\" data-image-caption=\"\" data-large-file=\"https:\/\/finseta.com\/wp-content\/uploads\/2023\/04\/IMF-HQ.tif-1024x788.jpg\" \/>\t\t\t\t\t\t\t\t\t\t\t<figcaption class=\"widget-image-caption wp-caption-text\">IMF HQ, Washington DC<\/figcaption>\n\t\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-57dba04 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"57dba04\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-wide\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-c5bdc73\" data-id=\"c5bdc73\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-3fd2a15 elementor-widget elementor-widget-image\" data-id=\"3fd2a15\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"image.default\">\n\t\t\t\t\t\t\t\t\t\t\t\t<figure class=\"wp-caption\">\n\t\t\t\t\t\t\t\t\t\t<img decoding=\"async\" width=\"800\" height=\"534\" src=\"https:\/\/finseta.com\/wp-content\/uploads\/2023\/04\/IMF-meeting.jpeg\" class=\"attachment-large size-large wp-image-10851\" alt=\"\" srcset=\"https:\/\/finseta.com\/wp-content\/uploads\/2023\/04\/IMF-meeting.jpeg 1024w, https:\/\/finseta.com\/wp-content\/uploads\/2023\/04\/IMF-meeting-300x200.jpeg 300w, https:\/\/finseta.com\/wp-content\/uploads\/2023\/04\/IMF-meeting-768x512.jpeg 768w\" sizes=\"(max-width: 800px) 100vw, 800px\" data-attachment-id=\"10851\" data-permalink=\"https:\/\/finseta.com\/how-the-imf-works\/imf-meeting\/\" data-orig-file=\"https:\/\/finseta.com\/wp-content\/uploads\/2023\/04\/IMF-meeting.jpeg\" data-orig-size=\"1024,683\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;Cory Hancock&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;Ravi Agrawal, Editor of Foreign Policy Magazine leads a one-on-one conversation with Managing Director Kristalina Georgieva on Women, Work and Leadership at the IMF Headquarters during the 2019 IMF\/World Bank Annual Meetings, October 15, 2019 in Washington, DC. IMF Photograph\/Cory Hancock&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;\\u00a9IMF&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"IMF meeting\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Ravi Agrawal, Editor of Foreign Policy Magazine leads a one-on-one conversation with Managing Director Kristalina Georgieva on Women, Work and Leadership at the IMF Headquarters during the 2019 IMF\/World Bank Annual Meetings, October 15, 2019 in Washington, DC. IMF Photograph\/Cory Hancock&lt;\/p&gt;\n\" data-large-file=\"https:\/\/finseta.com\/wp-content\/uploads\/2023\/04\/IMF-meeting.jpeg\" \/>\t\t\t\t\t\t\t\t\t\t\t<figcaption class=\"widget-image-caption wp-caption-text\">Cassidydhdh, CC BY-SA 4.0 , via Wikimedia Commons<\/figcaption>\n\t\t\t\t\t\t\t\t\t\t<\/figure>\n\t\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t<div class=\"elementor-column elementor-col-50 elementor-top-column elementor-element elementor-element-2e509fa\" data-id=\"2e509fa\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-2bac207 elementor-widget elementor-widget-heading\" data-id=\"2bac207\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"heading.default\">\n\t\t\t\t\t<h2 class=\"elementor-heading-title elementor-size-default\">The IMF today...<\/h2>\t\t\t\t<\/div>\n\t\t\t\t<div class=\"elementor-element elementor-element-dca7e1b elementor-widget elementor-widget-text-editor\" data-id=\"dca7e1b\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"text-editor.default\">\n\t\t\t\t\t\t\t\t\t<p>Today the IMF has a handful of key day-to-day functions. To begin they are the monitors of the economic and financial policies of their members. The IMF is widely seen as one of the ultimate judges of fiscal responsibility. A negative IMF report can severely damage the standings of domestic politicians and their plans.<\/p><p>You only need to look at the drama of the UK&#8217;s 7-week government of Liz Truss to see this in action. IMF criticism of her policies was widely seen as a big contributing factor to her loss of credibility and ultimate loss of office.<\/p><p>The IMF also acts as the lender of last resort to major global economies and the lender of developmental loans to low-income economies. The IMF has over $ 1 trillion available and often lends at 0% interest rates to developing economies.\u00a0<\/p><p>Finally, over 160 countries are able to tap into a pool of training and assistance from IMF experts when it comes to fiscal and monetary policy. IMF advisors can often be found in Treasuries around the world, working with local civil servants to reform and formulate new fiscal policies.<\/p><p>The below glossy video by IMF gives a nice overview of the IMF&#8217;s history, its current role in the world and its future vision.<\/p>\t\t\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-29dcc2a7 elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"29dcc2a7\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-wide\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-2fc0dadc\" data-id=\"2fc0dadc\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-104c16c elementor-widget elementor-widget-video\" data-id=\"104c16c\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;youtube_url&quot;:&quot;https:\\\/\\\/youtu.be\\\/1T653LuE0Ec&quot;,&quot;video_type&quot;:&quot;youtube&quot;,&quot;controls&quot;:&quot;yes&quot;,&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"video.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-wrapper elementor-open-inline\">\n\t\t\t<div class=\"elementor-video\"><\/div>\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<section class=\"elementor-section elementor-top-section elementor-element elementor-element-10ca2a1c elementor-section-boxed elementor-section-height-default elementor-section-height-default\" data-id=\"10ca2a1c\" data-element_type=\"section\" data-e-type=\"section\" data-settings=\"{&quot;jet_parallax_layout_list&quot;:[]}\">\n\t\t\t\t\t\t<div class=\"elementor-container elementor-column-gap-default\">\n\t\t\t\t\t<div class=\"elementor-column elementor-col-100 elementor-top-column elementor-element elementor-element-6a4be6a8\" data-id=\"6a4be6a8\" data-element_type=\"column\" data-e-type=\"column\">\n\t\t\t<div class=\"elementor-widget-wrap elementor-element-populated\">\n\t\t\t\t\t\t<div class=\"elementor-element elementor-element-32707506 elementor-widget elementor-widget-spacer\" data-id=\"32707506\" data-element_type=\"widget\" data-e-type=\"widget\" data-settings=\"{&quot;ekit_we_effect_on&quot;:&quot;none&quot;}\" data-widget_type=\"spacer.default\">\n\t\t\t\t\t\t\t<div class=\"elementor-spacer\">\n\t\t\t<div class=\"elementor-spacer-inner\"><\/div>\n\t\t<\/div>\n\t\t\t\t\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/div>\n\t\t\t\t\t<\/div>\n\t\t<\/section>\n\t\t\t\t<\/div>\n\t\t","protected":false},"excerpt":{"rendered":"<p>Headquartered in Washington DC, the International Monetary Fund (IMF) has been in operation for nearly 80 years. In the below article, we&#8217;ll look at its history and its role in today&#8217;s global economy. A new economic order&#8230; The IMF started life in the 1940s when the allies began to meet to discuss how to create [&hellip;]<\/p>\n","protected":false},"author":221728552,"featured_media":10825,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"content-type":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_wpas_customize_per_network":false},"categories":[1370],"tags":[],"class_list":["post-10582","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.8 (Yoast SEO v27.3) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>How the IMF works - Finseta<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/finseta.com\/ca-en\/how-the-imf-works\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"How the IMF works\" \/>\n<meta property=\"og:description\" content=\"Headquartered in Washington DC, the International Monetary Fund (IMF) has been in operation for nearly 80 years. 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