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Nternational Onetary UND

The document provides information about the International Monetary Fund (IMF). It details that the IMF was founded in 1945 and aims to promote global economic cooperation and financial stability. It has 188 member countries and oversees issues like international trade, employment, currency exchange rates. The IMF provides loans to countries experiencing economic crises and also provides technical assistance and policy advice. It aims to be a global institution that reflects changing economic realities.

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Mirna Sehagic
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62 views25 pages

Nternational Onetary UND

The document provides information about the International Monetary Fund (IMF). It details that the IMF was founded in 1945 and aims to promote global economic cooperation and financial stability. It has 188 member countries and oversees issues like international trade, employment, currency exchange rates. The IMF provides loans to countries experiencing economic crises and also provides technical assistance and policy advice. It aims to be a global institution that reflects changing economic realities.

Uploaded by

Mirna Sehagic
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PPTX, PDF, TXT or read online on Scribd
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INTERNATIONAL MONETARY FUND

IMF 101

IMF ROOTS

IMF FOUNDERS

IMF Today

2,500 staff
from 160 countries

GLOBAL MEMBERSHIP
188 COUNTRIES REPRESENTED
NON-MEMBERS INCLUDE: CUBA, NORTH KOREA, ANDORRA, MONACO, NAURU, LIECHTENSTEIN

MANDATE: GLOBAL ECONOMIC & FINANCIAL STABILITY


SHORT-TERM BALANCE OF PAYMENT SUPPORT FACILITATE EXPANSION IN TRADE, HIGH LEVELS OF EMPLOYMENT AND INCOME

PILLAR OF MULTILATERALISM
PROMOTES ECONOMIC COOPERATION COMPLEMENTS THE UN, WORLD BANK, WTO & ILO

BOARD OF GOVERNORS 188


ONCE A YEAR

INTERNATIONAL MONETARY & FINANCIAL COMMITTEE 24


TWICE A YEAR

EXECUTIVE BOARD 24
THREE TIMES A WEEK

How the IMF works

WHATS A QUOTA?
COUNTRY SUBSCRIPTION

\kw-t\

VOTING POWER ACCESS TO FINANCING

1 MANAGING DIRECTOR

MANAGEMENT

1 FIRST DEPUTY MANAGING DIRECTOR 3 DEPUTY MANAGING DIRECTORS

BILATERAL, REGIONAL, GLOBAL


RUTHLESS TRUTH TELLER SYSTEMIC COUNTRIES / CROSS-COUNTRY EFFECTS

SURVEILLANCE

Economic Doctor

NON-CONCESSIONAL

CRISIS MANAGEMENT & PREVENTION

CONCESSIONAL

TAILORED TO COUNTRY NEEDS

CONDITIONALITY

FLEXIBLE, FOCUSED, SOCIAL

LENDING

GLOBAL FIREFIGHTER

STRONG POLICIES ARE BUILT


ON STRONG FOUNDATIONS

REGIONAL TECHNICAL
ASSISTANCE CENTERS

Technical Assistance

COACH

SHIFT OF VOTING SHARES TO


EMERGING MARKET AND
DEVELOPING COUNTRIES

BRICS IN TOP 10 SHAREHOLDERS

GLOBAL INSTITUTION, REFLECTING GLOBAL REALITY


Governance
LEGITIMACY

OUTREACH

BROADER CONSTITUENCIES

CRISIS
SPREAD ALL ACROSS THE WORLD BY TRADE AND
FINANCIAL CHANNELS

30 MILLION JOBS LOST 64 MILLION THROWN INTO EXTREME POVERTY COOPERATION AVOIDED A SECOND GREAT DEPRESSION G-20 FISCAL STIMULUS IMF LENDING

Risks to the WEO forecast remain on the downside. Market risks indicators do not point to a large change in risks.
Prospects for World GDP Growth
(percent change)

Downside risks: US budget/debt ceiling Emerging economies US interest rates Euro area US & Japan MT fiscal Monetary policy Geopolitical

90 percent confidence interval


2

90 percent confidence interval (April 2013 WEO) Baseline


1

2010

2011

2012

2013

2014

Source: Consensus Forecasts; and IMF staff estimates.

Global growth impulses to be increasingly driven by advanced economies

Contributors to Global Growth and Changes in Global Growth


(Percent)
United States Japan Euro Area Other Advanced Economies Developing Asia Latin America Other EMDEs Global Growth

4 3.5 3 2.5 2 1.5 1 0.5 0 -0.5 -1

2013 Global Growth

2013 Change in Global Growth

2014 Global Growth

2014 Change in Global Growth

Source: IMF staff estimates. Note: EMDEs = Emerging Market and Developing Economies.

UNEMPLOYMENT

SOCIAL DIMENSION

INEQUALITY INCLUSIVE GROWTH

Lower potential growth will make it harder to reduce unemployment


Unemployment Rate

(Percent)
35 30 25 20

2012

15
10 5 0
MKD BIH SRB MNE HRV ALB LVA SVK LTU BGR HUN POL EST TUR SVN UKR CZE ROU RUS MDA

and bring public debt ratios back to more comfortable levels


Public Debt
90
HUN SVN SRB ALB

(Percent of GDP)

2007-13
HRV POL MNE SVK CZE UKR BIH LTU

60

Other Large EM AVG. in 2013


TUR MKD LVA ROU

30
CESEE AVG. in 2007

MDA
BGR RUS EST

Address the legacy of the crisis: clean up NPLs

Need to increase per capita capital stock ...


Per Capital Capital Stock

(Thousands of PPP 2005 US dollars, 2011)


120

90

60

30

CESEE

BGR

SVK

Advanced Europe

MDA

MKD

MNE

HUN

SRB

RUS

HRV

TUR

POL

CZE

SVN

ALB

LVA

EST

BIH

LTU

and improve investment climate


Infrastructure Ranking in Global Competitiveness Indicator

(2011, lower number is better)


CZE SVN EST HRV LTU HUN UKR LVA SVK ALB POL MKD MNE RUS BGR SRB ROU BIH

20

40

60

80

100

120

140

160

and improve investment climate


Doing Business Ranking

(2013, lower number is better)


EST
MKD LVA LTU SVN SVK MNE HUN POL CZE BGR TUR ROU MDA HRV ALB SRB UVK RUS BIH UKR

20

40

60

80

100

120

140

160

SBA with Bosnia and Herzegovina

The SBA with BiH was approved on September 26, 2012 in an amount equivalent to SDR 338.2 million (about 379.6 million).

Improve national policy coordination; Maintain fiscal discipline, and advance public sector reforms to
reduce the size of the government and improve the composition of expenditure;

Safeguard financial sector stability in the context of the


currency board; and

Intensify reforms to improve the business and investment


environment to support growth, investment and job creation.

Four quarterly review were completed so far with total disbursements under the arrangement of about SDR 211.375 million (about 237.3 million).

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