المستخلص: |
The world economy is witnessing more pressures, economic challenges, declining global demand, periods of recession, and many financial crises that are moving from one country to another, taking the global economy to the edge of the abyss, and which have not been delivered by the economies of developed or developing countries. Which requires recourse to international institutions, especially the International Monetary Fund in the hope of achieving financial stability and reducing the deficits of public budgets and the effects of economic fluctuations and address the imbalances in their economic structures. Since its inception under the Bretton Woods Convention, the IMF is a monetary institution based on Management and supervision of the international monetary system, Many countries were affected by the confidence of the lenders in lending to these countries, which led them to seek assistance from the IMF and to prevent the bankruptcy of those countries, The IMF played an important role with the countries of the European Community after the Second World War in conjunction with the World Bank's reconstruction programs. The IMF's assistance programs also saved many countries during the 1970s crisis and high oil prices in the hope of achieving financial stability and reducing the deficits of public budgets and subsequent imbalances in their economic structures.
|