On joining the IMF, each country pledges to cooperate with all other member countries in resolving international monetary problems. Members are required to share information on financial, fiscal, ...

It fosters among these countries cooperative monetary policies that stabilize the exchange of one national currency for another. It thereby encourages international trade. The IMF provides a mechanism ...

As for the World Bank, a weighted voting system operates : depending on the amount paid as contribution by each member state. 85% of the votes is required to modify the IMF Charter (which means that ...