IMF Economic Stability and Challenges

The video discusses the International Monetary Fund (IMF), its founding, and its role in promoting global economic stability. It highlights the IMF's actions during the COVID-19 pandemic, providing financial aid to over 100 countries. The video also covers the distribution of loans to countries like Egypt and Sri Lanka. Criticisms of the IMF are addressed, noting that many countries remain in debt and questioning the effectiveness of its policies. The IMF's future economic outlook is discussed, with concerns about recession and inflation affecting global growth.

What was the primary purpose of establishing the International Monetary Fund (IMF)?

• To promote global economic stability

• To regulate international trade

• To control global oil prices

• To provide military aid to countries

How many countries were members of the IMF when it was first founded?

• 190

• 44

• 100

• 150

During the COVID-19 pandemic, how much money did the IMF allocate to help countries?

• Nine trillion dollars

• Five trillion dollars

• Two trillion dollars

• Ten trillion dollars

Which country received 2.9 billion dollars from the IMF after its economy faced collapse?

• Ethiopia

• Sri Lanka

• Bosnia Herzegovina

• Egypt

What is one major criticism of the IMF's effectiveness?

• It provides too much financial aid

• It often leaves countries poorer

• It focuses only on developed countries

• It has too many member countries

Between 1965 and 1995, how many developing countries that received IMF loans were no better off afterwards?

• More than half

• Less than a quarter

• All of them

• None of them

What is the IMF's revised global growth forecast for 2023?

• 2.9%

• 3.5%

• 4.0%

• 1.5%

Which of the following is NOT a factor contributing to economic instability according to the IMF?

• High energy and food prices

• Tighter financial conditions

• Increased global trade

• Lingering supply disruptions

What is the IMF's perspective on inflation as mentioned in the transcript?

• It is only affecting developed countries

• It is more persistent than expected

• It is decreasing rapidly

• It has no impact on global growth

Why might more governments need to turn to the IMF in the coming months and years?

• Due to slowing down of the world's largest economies

• To increase their military spending

• To improve their tourism sector

• To expand their agricultural exports