Marketplace®

Daily business news and economic stories

Buzzword: IMF

Life is hard enough without having to decipher everything. Each week, Marketplace Money brings you a word or a phrase that has bubbled to the top of the news. For instance, IMF. You hear it, you see it, but do you really know it?

A shakeup in international banking brings us this week’s Marketplace Money Buzzword: IMF.

The IMF, or International Monetary Fund, is an agency that monitors the world economy and lends money to countries in financial crisis.

This week the IMF boosted China’s share of the vote.

China has the world’s fourth-largest economy. Many believed it didn’t have fair representation. Smaller countries like Belgium and the Netherlands had more pull.

The US and others hailed the move as positive reform. How much reform? Enough to move China from a 2.9 percent share to a 3.7 percent share.

Latest Episodes

View All Shows
  • Marketplace Morning Report
    2 hours ago
    7:08
  • Marketplace Tech
    7 hours ago
    11:03
  • Marketplace
    19 hours ago
    25:19
  • Make Me Smart
    a day ago
    19:00
  • This Is Uncomfortable
    3 days ago
    56:05
  • Million Bazillion
    24 days ago
    32:45