Abstract

Abstract By the Bretton-Woods Agreement, the International Monetary Fund has been placed at the center of the international monetary system. It has several functions, especially to help countries stabilize the external value of their money and to grant them credits for financing the deficit of their balance of payments. In counterpart, the countries have to adopt measures to restore their equilibrium. For that, all the countries have the same rights; the aid they can receive is only the same percentage as their quota. However the Fund gives more and more special attention to the situation of developing countries. It has set up some “facilities” which are adapted to their needs. The article analyses these various mechanisms, as well as the Special Drawing Rights System, the subsidy account or technical assistance. It estimates the total help granted to developing countries until the end of 1981.

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