The International Monetary Fund (IMF) is an international organization that aims to accomplish a number of different goals relating to the international financial system. Its main functions relate ...

Its first mission was to support the new system of standard exchange rates. When the Bretton Wood fixed rates system came to an end in 1971, the main function of the IMF became that of being both ...

Under these circumstances, constructive ambiguity has become the main check on moral hazard ... to keep the lender-of-last-resort function within national borders. Indeed, the text of Article VI of ...

The Budget 2025 illustrates the drudgery of making ends meet inside a debtors' prison. The Appropriation Bill for Budget 2025 ...

However, there was not enough supply of these internationally to keep sufficient reserves for the IMF to function properly ... from the United States, and major currencies shifted from a pegged ...