III Fund Governance in Action
Author:
Ruben Lamdany
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Leonardo Martinez-Diaz
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Abstract

Central to the purposes of the IMF (the “Fund”) is oversight of the international monetary and financial system. The Fund’s Articles of Agreement direct the institution to exercise firm surveillance over the exchange rate policies of its member countries. To carry out this mandate, the Fund typically analyzes the appropriateness of each country’s economic and financial policies for achieving orderly economic growth, and assesses the consequences of these policies for other countries and for the global economy.1

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