Review article

IMF and Countries in Transition

Josip Barišić ; Master of Economics

Abstract

International Monetary Fond (IMF) is one of the global financial organizations which has a great impact on the global economic movements, and which before all should have a goal to help those countries in difficulties, especially undeveloped and less developed countries, often those going through the process of transition. In the last fifteen years historical circumstances have been changed, especially in transitional countries, and the policy of the global transaction centers using IMF and WTO is dealing less with economic development of the countries they cooperate with, reducing unemployment and social differences, improving export and health standards, as well as educational standards, and more with the question are those countries stabile and liberal, do they have the structure which guarantee free entrance of foreign investments and investors with as little obstacles, and whether those countries are capable to pay off foreign loans.

Keywords

IMF; financial institutions; transition; countries in transition; economy

Hrčak ID:

290364

URI

https://hrcak.srce.hr/290364

Publication date:

31.12.2005.

Article data in other languages: croatian

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