Question

How do the global monetary institutions impact global business

Answer 1

IMF have a major impact on global economies and how they work which in return impact the global business. The IMF has the power to advise or in adverse conditions force a country to alter its trade practices and regulations. For example : In 1991, IMF mandated India to open its economy. This brought with it a an exposure for the global businesses to a huge market with a lot of potential.

Further IMF studies economies and the trade patterns and publishes reports which can be of use to global businesses to formulate their strategic policies and long term visions.