Posts Tagged ‘IMF’

What An “Advanced Economy” Really Looks Like

Thursday, February 24th, 2011

“It’s time for us to stop lying to ourselves about this country.

America is great in many ways, but on a whole host of measures — some of which are shown in the accompanying chart — we have become the laggards of the industrialized world. Not only are we not No. 1 — “U.S.A.! U.S.A.!” — we are among the worst of the worst.” (from the original opinion piece)

Click here to see the chart.

What do you think?

Are we as bad as the chart says? Where do you see room for improvement?

How can you, as a philanthropist, help the U.S. improve its standing?

The IMF is…

Tuesday, October 27th, 2009

The IMF is the International Monetary Fund, an organization established to encourage international trade and financial cooperation, stabilize exchange rates, and combat poverty. Countries that are members of the IMF contribute to the fund in gold and in their own currency, and they can then withdraw from the fund in order to pay off debts to other nations during times of deficit.