Role of the International Monetary Fund in the Recent Global Financial Crisis

摘要

This research will critically evaluate the role of the International Monetary Fund (IMF) in the recent global financial crisis. In light of the below statement, “[The global financial turmoil] has been a manmade catastrophe and responses to overcome it lie in all our hands.” (Robert Zoellick, Former President of the World Bank, 2008). To achieve this we divide the research for two sections. The two major sections of the main body of this research consist of an elaborate literature review and a critical evaluation of the IMF’s role in global financial crisis. The research has a suitable conclusion at the end.