Established as part of the Bretton Woods System post World War II, the International Monetary Fund (IMF) is an international organization dedicated to fostering monetary cooperation among nations and promoting economic development worldwide. Since its inception in 1945, the IMF has played a significant role in solving financial crises, monitoring development policies, and modernizing economies. With a current lending capability of over $1 trillion and 36 existing lending arrangements, the organization continues to grow—and consequently—transform the lives of millions.
As reflected by past involvements in events such as the 1997 Asian Financial Crisis, 2008 Global Financial Crisis, and 2010 European Debt Crisis, the IMF is expected to play an active role in 1) policy advisory to governments and central banks; 2) research, statistics, forecasts, and analysis of markets; 3) loans to help countries overcome economic difficulties; 4) concessional loans to help fight poverty in developing countries; and 5) technical assistance and training to help countries improve the management of their economies.
The International Monetary Fund (International Monetary Fund) is an intermediate committee that offers an experience for all delegates with interest.
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Backgrounders will be available soon.
Josh is a senior at Magee Secondary School and is thrilled to serve as the Director for IMF at CAIMUN 2020. Josh began attending MUN in the ninth grade and was immediately hooked by the thrill and intensity of debate. Josh leads his School’s MUN, Debate and Investment clubs and has participated in events and competitions for these activities around the world. Aside from those extra-curriculars, Josh works in education, representing students as a Trustee on the Vancouver School Board. His hobbies include trading stocks, tennis, and wasting time on video games. Josh is looking forward to a weekend of passionate debate, and hopes to make an exciting and innovative experience.
Ibreez is a Grade 12 International Baccalaureate Diploma Program student at Stratford Hall School and is deeply honoured to be serving as Chair of the International Monetary Fund at CAIMUN 2020. As he reflects on his first staffing experience at CAIMUN 2018, Ibreez fondly recalls his discussions with passionate delegates, developing the midnight crisis scenario with his Director, and missing sleep to read some intriguing position papers. With this in mind, Ibreez is extremely grateful for yet another opportunity to engage with some of the most passionate and driven students from across Canada, and beyond. Outside of Model United Nations, Ibreez enjoys volunteering with seniors as a care assistant, taking photographs around Vancouver, and figuring out how to craft a tagine pot! Ibreez wishes the best of luck to all delegates in their preparations and hopes that each attendee will walk out of committee with a refined appreciation for debate, diplomacy, and the unique features of Model UN.