International Monetary Federation essays

International Monetary Federation essays I feel that the first paper that I should write about is the IMF. I personally feel that the policies that they have now are horrible. I feel that they are just a big collection agency from which rich countries can profit and take advantage of less developed countries. The IMF feels that they should contribute and make loans to countries that need their help. Most of these countries are never in any need of help until the IMF is done with them. I feel that instead of giving money to fund ill-fated programs they should use the money to educate the people of the lesser developed knowledge. Most of these people dont know that they are getting taken advantage of because they do not know the attachments that come along with these monies. It is very funny how the IMF encourages smaller and less developed countries not to have trade barriers. Big developed countries know the effect of having less trade barriers. Developed countries use the trade barrier as a way of keeping their pe ople employed and not allowing too much foreign made goods. I feel that until the world as a whole becomes more connected and there isnt too much of a difference in wealth this will not have the right affect. Big countries use the IMF as a way to enter countries and have a whole market that is untouched and unknowing. I feel that a few wealthy industrialists take advantage of this and use the less developed countries to make their products cheaper so they can have a higher profit margin. When they encourage devaluation of the lesser developed countries currency it just encourages countries that will be affected by this to do the same and it just nulls out the positive benefits. The funny thing I think is that it allows more developed countries like the U.S. and countries in Europe more spending power with all these devaluations. It may encourage job growth but there are no rules that are set p to see that workers in these less develo ...