Introduction

Eduard Brau and Ian McDonald

Chapter 1 in Successes of the International Monetary Fund, 2009, pp 1-14 from Palgrave Macmillan

Abstract: Abstract The International Monetary Fund (IMF or Fund) is the central institution of the international monetary system—the system of international payments and exchange rates that enables business to take place between countries with different currencies. The organization is much talked about and plays an important role in the economic life of many countries. How well understood is it?

Keywords: Exchange Rate; Central Bank; Member Country; Exchange Rate Policy; International Capital Market (search for similar items in EconPapers)
Date: 2009
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-0-230-23949-4_1

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DOI: 10.1057/9780230239494_1

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