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International Monetary Fund (IMF)

Definition

The IMF is an international organization that provides financial assistance, policy advice, and technical expertise to its member countries during times of economic crisis.

Related terms

Financial Assistance: This refers to monetary support provided by organizations like the IMF to help countries overcome balance-of-payment problems or other financial difficulties.

Policy Advice: It involves recommendations given by institutions like the IMF on fiscal policies (taxation/spending) and monetary policies (interest rates/money supply) that can contribute to stable economic growth.

Economic Crisis: This term describes a severe downturn in an economy characterized by high unemployment rates, inflationary pressures, currency devaluation, and other negative economic indicators.

"International Monetary Fund (IMF)" appears in:

Subjects (5)

  • AP European History

  • AP US History

  • AP World History: Modern

  • Intro to Business

  • Intro to Political Science

Study guides (1)

  • AP Comparative Government - 5.5 International and Supranational Organizations

Additional resources (1)

  • AP Comparative Government - 5.1 Impact of Global Economic and Technological Forces

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About Us

About Fiveable

Blog

Careers

Code of Conduct

Terms of Use

Privacy Policy

CCPA Privacy Policy

Resources

Cram Mode

AP Score Calculators

Study Guides

Practice Quizzes

Glossary

Cram Events

Merch Shop

Crisis Text Line

Help Center

© 2024 Fiveable Inc. All rights reserved.

AP® and SAT® are trademarks registered by the College Board, which is not affiliated with, and does not endorse this website.