Tuesday, March 29, 2011

International Monetary Fund

Definitions:
-An international organization with 185 member countries. The IMF was established to promote international monetary cooperation, exchange stability, and orderly exchange arrangements; to foster economic growth and high levels of employment; and to provide temporary financial assistance to countries to help ease balance of payments adjustment. (Theglobalfund.org)
-The International Monetary Fund (IMF) is the intergovernmental organization that oversees the global financial system by following the macroeconomic policies of its member countries, in particular those with an impact on exchange rate and the balance of payments. (Wikipedia.org)
Explanation
Im In Your Trees definition: The IMF takes the job of looking over the economic issues within the countries that that are a part of it. They try to provide a stable way to use the money that the country has.
Metaphor: 
It can be described like they are your parents. They want to help you save your money by not spending it on things you don't really need. Even though it's your money and in the end you pretty much have control over it, they try to tell you what would be the best thing to do with it to try and help you out down the road when you really need the cash.

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