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International Monetary Fund or IMF as it is commonly known as is an association of 188 member nations. The main motive behind forming this association lies in preserving the economic growth of all member nations, eradicating poverty and maintaining financial stability. Back in the days of World War 2, IMF had been established post Bretton Woods conference to restore the financial health of the global economy by combating Great Depression. Your doubts pertaining to understanding of the chief functionalities of IMF can be cleared once you decide to opt for International Monetary Fund (IMF) Assignment Help through myhomeworkhelp.com.
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The sources of funds accumulated at International Monetary Fund are the member nations who produce quotas before IMF. This quota amount, of which a crucial component is the special drawing right, is determined by the governments of these different countries which depend on the revenue generated in their respective nations. The size of this quota again determines voting power of these nations and also the amount of financial assistance that could be provided by IMF to these nations when the latter are in need of it.
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