What is the international monetary fund?

The video discusses an international bank that promotes trade and economic development through monetary policy and loans to developing nations. It addresses currency exchange rates, sets policies for commercial banks, and provides financial support during crises. The bank also imposes requirements to ensure stability and extends its focus beyond monetary policy to include governmental spending, corruption, and trade barriers.

In what ways does the bank provide guidance and support to nations facing financial trouble?

What additional factors does the bank consider beyond monetary policy to ensure economic development?