International Monetary Fund and São Tomé and Príncipe

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Difference between International Monetary Fund and São Tomé and Príncipe

International Monetary Fund vs. São Tomé and Príncipe

The International Monetary Fund (IMF) is an international organization headquartered in Washington, D.C., consisting of "189 countries working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world." Formed in 1945 at the Bretton Woods Conference primarily by the ideas of Harry Dexter White and John Maynard Keynes, it came into formal existence in 1945 with 29 member countries and the goal of reconstructing the international payment system. São Tomé and Príncipe, officially the Democratic Republic of São Tomé and Príncipe, is an island nation in the Gulf of Guinea, off the western equatorial coast of Central Africa.

African Union

The African Union (AU) is a continental union consisting of all 55 countries on the African continent, extending slightly into Asia via the Sinai Peninsula in Egypt.

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Democracy

Democracy (δημοκρατία dēmokraa thetía, literally "rule by people"), in modern usage, has three senses all for a system of government where the citizens exercise power by voting.

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International Monetary Fund

The International Monetary Fund (IMF) is an international organization headquartered in Washington, D.C., consisting of "189 countries working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world." Formed in 1945 at the Bretton Woods Conference primarily by the ideas of Harry Dexter White and John Maynard Keynes, it came into formal existence in 1945 with 29 member countries and the goal of reconstructing the international payment system.

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Macau

Macau, officially the Macao Special Administrative Region of the People's Republic of China, is an autonomous territory on the western side of the Pearl River estuary in East Asia.

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Structural adjustment

Structural adjustment programmes (SAPs) consist of loans provided by the International Monetary Fund (IMF) and the World Bank (WB) to countries that experienced economic crises.

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United Nations Development Programme

The United Nations Development Programme (UNDP) is the United Nations' global development network.

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World Bank

The World Bank (Banque mondiale) is an international financial institution that provides loans to countries of the world for capital projects.

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