Buy custom What Role Does The Imf Play In The World Economy? What Are The Main Costs And Benefits Of Imf Adjustment Policies?

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IMF advising its members to incorporate more “shock absorbers” into their policies, such as adequate reserve levels, efficient, and diversified financial systems, more effective social safety nets, and a fiscal policy that leaves room for higher deficits in difficult times. Also, the IMF has introduced several specific initiatives in order to make the countries less vulnerable to crises...

Also, the IMF has introduced several specific initiatives in order to make the countries less vulnerable to crises.

The first initiative is IMF collaborating with World Bank. The IMF conducts in-depth assessment of countries’ financial sectors under the Financial Sector Assessment Program (FSAP). The aims of FSAP is increasing the effectiveness of efforts to promote the soundness of financial systems in member countries

The second initiative is the Data Dissemination systems...

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