IMF AND FINANCIAL CRISES

IMF and Financial crises

IMF and Financial crises

Introduction

The study is related to the policies of International Monetary Fund for the developing countries which are facing financial crisis. It is observed that IMF is not playing its role in helping and guiding the countries to keep away from the financial crisis, as there are various steps that have been taken by the IMF which caused financial crisis in the countries.

Discussion

In the study, the Korean economy is considered as the case where financial crisis caused by the policies implemented by the IMF. However, IMF played various supportive roles in having ...