The key statement to discuss is below:
“The International Monetary Fund (IMF) is no longer relevant. Discuss.”
The paper should introduce the IMF, the rationale behind its creation, its origins, its charter and key achievements.
Provide commentary around the IMF actions dealing with recent critical matters – Global Finance Crisis, Eurozone Crisis, various Failed State financial rescue packages. The commentary should note the role and quality of contribution of the IMF.
Relate any criticism that has foundation and discuss the shortcomings of the IMF.
Identify alternative organisations and compare their service offerings. If alternatives do not exist, seek proposed organisations or concepts that will address the potential shortcomings of the IMF.
Make comparison between the IMF and its alternatives arrive at evaluated conclusion
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