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Social and Behavioral Sciences Commons

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Economics

Bullion

2011

Bretton woods institution(BWI)

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Understanding The Bretton Woods Institutions (Bwis) With Particular Reference To The International Monetary Fund (Imf), Adeniyi O. Adenuga, Osaretin Evbuomwan Dec 2011

Understanding The Bretton Woods Institutions (Bwis) With Particular Reference To The International Monetary Fund (Imf), Adeniyi O. Adenuga, Osaretin Evbuomwan

Bullion

The objective of this paper is to examine and discuss the workings of the Bretton Woods institution with particular focus on the international Monetary Fund (lMF). This is to enhance understanding of the expanded role of the lMF. The paper is divided into five parts. First is the introduction, Part ll, explains the IMF's role in the world economy, while Part lll presents relationships between the Fund and its members, highlighting member obligation to the Fund and Fund's obligation to its members. ln Port lV, the expanded roles of the Fund are discussed, while the conclusion is contained in Part …