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The International Monetary Fund (IMF) plays a significant role in globalization by promoting international monetary cooperation and providing financial stability. It offers financial assistance and policy advice to countries facing economic difficulties, which can help stabilize economies and encourage cross-border trade and investment. Additionally, the IMF supports the liberalization of capital markets and adherence to economic policies that facilitate global integration, contributing to a more interconnected world economy. However, its conditions for assistance can sometimes lead to criticism regarding the impact on national sovereignty and social welfare.

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AnswerBot

2d ago

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