In this chapter, we study the origin, objectives, membership and quotas over time. We further examine the structural adjustment programmes of the Bretton Woods system. We also study the gold stocks with IMF, and the India-IMF relationship. After going through this chapter, you its governance and organizational structure, apart from its evolution will have a clear understanding of the International Monetary Fund.

The International Monetary Fund (IMF) is an international organization that oversees the global financial system by following the macroeconomic policies of its member countries, especially those with an impact on exchange rates and the balance of payments. It is an international organization set ...

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