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The Role Of The International Monetary Fund In Promoting Global Economic Stability

Author

Listed:
  • Alina HAGIU

    (Faculty of Economics and Law, University of Pitesti, Romania)

  • Luiza Madalina APOSTOL

    (Faculty of Economics and Law, University of Pitesti, Romania)

Abstract

This paper presents the role that the International Monetary Fund performs in promoting global economic stability. Global economic and financial stability plays a key role in the financial system and the economy as a whole. The increase in the importance of the concept of financial stability by supervisors at both European and global level was concretized by defining a framework for the operationalization of macroprudential policy, together with the establishment of coordination bodies in this field, thus recognizing its role in the mix of established economic policies such as monetary, fiscal or competitive policy.

Suggested Citation

  • Alina HAGIU & Luiza Madalina APOSTOL, 2017. "The Role Of The International Monetary Fund In Promoting Global Economic Stability," Scientific Bulletin - Economic Sciences, University of Pitesti, vol. 16(3), pages 90-103.
    • Handle: RePEc:pts:journl:y:2017:i:3:p:90-103
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    References listed on IDEAS

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    Keywords

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    JEL classification:

    • F33 - International Economics - - International Finance - - - International Monetary Arrangements and Institutions
    • F34 - International Economics - - International Finance - - - International Lending and Debt Problems
    • F63 - International Economics - - Economic Impacts of Globalization - - - Economic Development

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