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International Financial Institutions

Point of View | Unit 2: Lesson 1

Lesson 1

1

The IMF Introduction
Ex. 1 ⟹ Answer the following question

 What is the role of the IMF in the modern world?
Ex. 2 ⟹ Unscrabble the names of the G-20 members
TAYIL
RASSIU
INDSEANIO
AERUENPO NUION
EOXMIC
USOHT CAFIAR
RUEYTK
LCIREBUP FO OAERK
NIAID
NCAADA
CAHIN
UTDNEI GKNMIOD
NETNAARIG
RTALIUSAA
RIZBLA
FNCREA
DSAIU ARAIBA
GEAYNMR
EUINDT ATESST
NJPAA
Ex. 3 ⟹

Try to match the words on the right to the words on the left.

resort

multilateral

freedom

resist

Woods

constrain

governance

indigenous

framework

share

countries

unprecedented

temptation

last

people

partnership associate event problem Point of View | Unit 2: Lesson 1

Bretton

2

Ex. 4 ⟹

Answer the following questions.

1. When and where was the IMF founded? 2. What was discussed at the UN monetary and financial conference?
3. Why did the speech from the IMF
President present a new face for the IMF?
4. What were the world’s leaders discussing at the G20 summit in
London?
5. Why did the IMF have to change radically? 6. What was the attitude of African ministers to the IMF at the
Tanzania Conference?
7. What is the situation like at present? 8. What is the job of the IMF now?

1. Most people know the story of flight of the butterfly in Africa leading to
………………………………………....
2. The interconnections do many ………………………………………...
3. The crisis has shown that the bad side could be ………………………………………...
4. There is something about crisis that force people to overcome their differences and come together ………………………………………...
5. The G20 summit trebled the IMF’s resources and that trebling included 50 billion dollar allocation for ………………………………………...
6. After 18 months Britain finally dragged itself out of ………………………………………...
7. The recovery is losing momentum and financial markets are
………………………………………...
8. The IMF,