Abstract
As we are in a crisis period we thought that it would be interesting to understand the International Monetary Fund. The organization is one of the main elements which can solve the current crisis. Though the development of the IMF during recent years has shown a particular interest in helping the global and regional economies, its detractors are trying to prove that the organization only served the most developed countries like the USA. Is this organization influenced? To respond to this question we will present the organization and its structure in the first part, and will then look at its advantages in the second part before defining its limits in the third part. The IMF is one of the three international organizations -with the World Bank and the General Agreement on Tariffs and Trade- created during the end of the Second World War, in 1944. The International monetary fund was built to avoid economic issues like the great depression of 1929 in New York. The main aim of the IMF was to rebuild confidence in International cooperation and trust in the international financial system. The goal of that institution is to facilitate the post war economy by having influence on countries and not allowed them to continue protectionism, war on tariff or even competitive devaluations. Also the IMF has to stabilize exchange rate and currencies, balance of payments, balance of trade and lower trade barriers between countries.
