Explain the role of the World Bank and the IMF in the international monetary system.

Discussion – This assignment will help you digest the textbook material. In the Discussion Forum, post an APA formatted paper of at least 600-words about the week’s reading material. The post must be substantive and demonstrate insight gained from the course material and be posted What is your understanding of the material covered? Also, address in your own words:

• Chapter 11: The International Monetary System

Chapter Eleven

• Explain the role played by the World Bank and the IMF in the international monetary system.
• Compare and contrast the differences between a fixed and a floating exchange rate system.
• Discribe the debate surrounding the role of the IMF in the management of financial crises.