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International Monetary Fund (IMF)
Max Planck Encyclopedia of Public International Law [MPEPIL]

International Monetary Fund (IMF)

Sabine Schlemmer-Schulte

From: Oxford Public International Law (http://opil.ouplaw.com). (c) Oxford University Press, 2015. All Rights Reserved.date: 17 August 2019

Subject(s):
International monetary law — International organizations, practice and procedure

Published under the auspices of the Max Planck Foundation for International Peace and the Rule of Law under the direction of Rüdiger Wolfrum.

1 The International Monetary Fund (‘IMF’; ‘Fund’) is, together with the International Bank for Reconstruction and Development (IBRD) (‘World Bank’; World Bank Group ), a product of efforts led by the United States and the United Kingdom to rebuild the international economy after World War II. In its original design, the IMF was established to govern international monetary relations and provide an enabling framework for international trade and commerce, whereas the IBRD was supposed to catalyse private capital in support of the reconstruction of a war-torn Europe...
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