Thesis statement
The IMF plays a critical role in ensuring financial stability globally. It has been instrumental in resolving various economic crises such as the 2008 financial crisis and the debt crises in Greece and Portugal.
The role of IMF
The fund plays a crucial role in providing advice and technical assistance to member countries to foster good governance. It promotes public sector accountability and transparency (O'Brien and Williams). Its technical assistance helps member states in enhancing the management of their economies by correcting macroeconomic imbalances, implementing economic reforms relating to international trade, exchange rate policies, among other reforms. The IMF also offer loans to ...
