How does the IMF work?
The IMF has as its main goals the stability of economies throughout the world and the prevention of economic crises. It also seeks to encourage economic growth and to eradicate poverty. It does so is in three main ways, it keeps an eye on a global markets to ensure that they are stable, it provides technical assistance to various governments throughout the world by advising them of how they should run their economies or stabilise them and finally it will also lend aid money to countries that need it. The IMF keeps an eye on global markets by ensuring that it is aware of current trends within the market, but it also enters into dialogue with each member on an annual basis. This dialogue involves an in depth assessment of the economic position of each country. In this way the IMF can be alerted to any potential difficulties that a country may be facing and it can also advise the country on how best it can alleviate the situation. In addition the IMF publishes a report this every year one
