Debt Crisis Management After World War II country risk became an issue of prime concern for the international financial community. Various methods have been used by the risk rating agencies to determine the extent of country risk, integrating a range of qualitative and quantitative information on alternative measures of political, economic and financial risk to … Read more
Role of WTO On January I, 1995, the first and most powerful world trade regulating agency, namely World Trade Organization (WTO) came into existence. The WTO is the umbrella organization responsible for overseeing the implementation of all agreements that have been negotiated just before it came into existence. It is also responsible for the settlement … Read more
Role of IMF The IMF (International Monetary Fund) is responsible for ensuring the stability of the international monetary and financial system of international payments and exchange rates among national currencies that enables trade to take place between countries. The Fund seeks to promote economic stability and prevent crises; to help resolve crises when they do … Read more
