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The Establishment of the International Monetary Fund (IMF) and the World Bank are one of the most significant turning points in the History of international finance. Through Decades of negotiation between international powers and the persistence of economic superpowers no single event inspired unity of determining the fair rules of trade and monetary policy than the Second World War.
An international financial institution (IFI) is a financial institution that has been established (or chartered) by more than one country, and hence is subject to international law.
The Inter-Governmental Group on Indonesia (IGGI) was established in 1967 as an international consortium of official donors to coordinate the provision of foreign assistance to Indonesia. [1] IGGI was the lead official grouping of donors to Indonesia from 1967 until early 1992 when it was abolished and replaced by the Consultative Group on ...
Financial integration is believed to date back to the 1690s and was briefly interrupted at the start of the French Revolution (Neal, 1990 [4]).At the end of the 17th century, the world’s dominant commercial empire was the Dutch Republic with the most important financial center located in Amsterdam where Banking, foreign exchange trading, stock trading and bullion trading were situated.
The Ministry of Finance (Indonesian: Kementerian Keuangan) is an Indonesian government ministry responsible for the nation's finance and state assets. The finance minister is responsible to the President. The ministry's motto is Nagara Dana Rakça, which means "guardian of state finance".
The minister of finance of the Republic of Indonesia (Indonesian: Menteri Keuangan) is the head of the Indonesian Ministry of Finance. The minister is tasked with organizing government affairs in the field of state finances to assist the President in administering state government.