JB Rivera

Rivera, Benedicto Gerard Gonzales

 It is an organization of 187 countries,
working to foster global monetary
cooperation, secure financial stability,
facilitate international trade, promote
high employment and sustainable
economic growth, and reduce poverty
around the world.
OVERVIEW RESOURCES

ROLES ISSUES
 The IMF works to foster global growth
and economic stability. It provides policy
advice and financing to members in economic
difficulties and also works with developing nations
to help them achieve macroeconomic stability and
reduce poverty.
KEY IMF Activities provide
• policy advice to governments and central banks

•research, statistics, forecasts, and analysis

•loans

•concessional loans

•technical assistance and training

IMF's main purpose - to provide the global public
good of financial stability . Specifically, the IMF
continues to:

•provide a forum for cooperation on international monetary

problems

•facilitate the growth of international trade

•promote exchange rate stability and an open system of

international payments

•lend countries foreign exchange when needed

HOME
 The IMF's fundamental mission is to help
ensure stability in the international
system. It does so in three ways: keeping track
of the global economy and the economies of
member countries; lending to countries with
balance of payments difficulties; and giving
practical help to members.
1. SURVEILLANCE
The regular monitoring of economies and
associated provision of policy advice to identify
weaknesses that are causing or could lead to
financial or economic instability.
1.1 COUNTRY SURVEILLANCE

An ongoing process that culminates in

regular comprehensive consultations with
individual member countries, with discussions in
between as needed.
1.2 REGIONAL SURVEILLANCE

It involves examination by the IMF of

policies pursued under currency unions—
including the euro area, the West African
Economic and Monetary Union, the Central
African Economic and Monetary Community, and
the Eastern Caribbean Currency Union.
1.3 GLOBAL SURVEILLANCE

It entails reviews by the IMF's Executive

Board of global economic trends and
developments. 
2. TECHNICAL ASSISTANCE
The IMF provides technical assistance and
training mainly in four areas:

•monetary and financial policies

•fiscal policy and management
•compilation, management, dissemination, and
improvement of statistical data
•economic and financial legislation.
3. LENDING
IMF loans are meant to help member
countries tackle balance of payments problems,
stabilize their economies, and restore sustainable
economic growth.
MAIN PURPOSES OF LENDING
• smooth adjustment to various shocks

• help unlock other financing

• help prevent crisis

HOME
 The IMF's resources come mainly from the
money that countries pay as their capital
subscription when they become members.

Quotas reflect the size of each member's

economy: the larger a country's economy in terms
of output and the larger and more variable its
trade, the larger its quota tends to be.

HOME
Emergency lending to emerging markets

Since 2008, the IMF has committed more

than $160 billion in lending to a number of
countries affected by the crisis, including Belarus,
Hungary, Iceland, Latvia, Pakistan, Poland,
Romania, Serbia, Sri Lanka, and Ukraine.
Helping low-income countries fight the
crisis

IMF has stepped up lending to low-income

countries to combat the impact of the global
recession with a new framework for loans to the
world’s poorest nations, including increased
resources, a doubling of borrowing limits, zero
interest rates until the end of 2011, and new
lending instruments that offer more flexible
terms.
Advocating global fiscal stimulus

The IMF is also providing policy advice to

advanced countries, for instance on how to
address problems in their financing and banking
sectors, and how to design effective stimulus
packages.
Reforming the international financial
system

The IMF published a comprehensive

study of the causes of the global financial crisis.
The study takes stock of the initial lessons learnt
from the crisis and presses for a worldwide
rethink of how to handle systemic risk
management.
Evolving Roles

•Enhancing IMF lending facilities

•Strengthening the monitoring of global,
regional, and country economies
•Helping resolve global economic imbalances
•Analyzing capital market developments
•Assessing financial sector vulnerabilities.
•Working to cut poverty
•Improving IMF governance.
•Greater accountability and transparency
 Joan Vertido
Vertido, Joan Marie
 World Bank is a term used to describe
an international financial institution that
provides leveraged loans to developing
countries for capital programs. The World
Bank has a stated goal of reducing poverty.
By law, all of its decisions must be guided
by a commitment to promote foreign
investment, international trade and
facilitate capital investment.
Key Factors

The World Bank sees the five key factors

necessary for economic growth and the creation
of an enabling business environment as:

Build capacity: Strengthening governments and

educating government officials.
Infrastructure creation: implementation of legal
and judicial systems for the encouragement of
business, the protection of individual and
property rights and the honoring of contracts.

Development of Financial Systems: the

establishment of strong systems capable of
supporting endeavors from micro credit to the
financing of larger corporate ventures.
Combating corruption: Support for countries'
efforts at eradicating corruption.

Research, Consultancy and Training: the World

Bank provides platform for research on
development issues, consultancy and conduct
training programs open for those who are
interested from academia, students, government
and non-governmental organization (NGO)
officers
 Their mission is to help developing
countries and their people reach the goals by
working with our partners to alleviate poverty.

They address global challenges in ways that

advance an inclusive and sustainable globalization
—that overcome poverty, enhance growth with
care for the environment, and create individual
opportunity and hope.
. However, the global challenges in the world
compel them to focus on: 

•poverty reduction and the sustainable growth in

the poorest countries, especially in Africa;

•solutions to the special challenges of post-

conflict countries and fragile states;

•development solutions with customized services

as well as financing for middle-income countries;
• regional and global issues that cross national
borders--climate change, infectious diseases,
and trade;
• greater development and opportunity in
the Arab world;
• pulling together the best global knowledge to
support development.
 The World Bank's two closely affiliated
entities—the International Bank for
Reconstruction and Development (IBRD) and
the International Development Association
(IDA)—provide low or no interest loans
(credits) and grants to countries that have
unfavorable or no access to international
credit markets.
 ise aimed at helping those countries reduce poverty.
oviding microcredit in Bosnia and Herzegovina, raising AIDS-prevention awareness in Guinea, supporting education of girls in Bangladesh, improving

•Fund Generation
•Loans
•Trust Funds and Grants
•Analytic and Advisory Services
•Capacity Building
• the World Bank provided $46.9 billion for 303 projects in
developing countries worldwide, with our financial and/or
technical expertise aimed at helping those countries reduce
poverty.

• currently involved in more than 1,800 projects in virtually

every sector and developing country.

• The projects are as diverse as providing microcredit in

Bosnia and Herzegovina, raising AIDS-prevention
awareness in Guinea, supporting education of girls in
Bangladesh, improving health care delivery in Mexico, and
helping East Timor rebuild upon independence and India
rebuild Gujarat after a devastating earthquake.