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1 explain the role of IMF in promoting industrial development ? 2 expalin changing business environment and its impact on hrm particularly?


Prashanth 22nd Aug, 2021
Answer (1)
Ayush 22nd Aug, 2021

Hello candidate,

The IMF has a high role on providing industrial development all across the globe and it promotes monetary cooperation and provides policy advice and capacity development support to preserve global macroeconomic and financial stability and help countries build and maintain strong economies.

It's major impact on the HRM contributes to- the IMF's mandate includes facilitating the expansion and balanced growth of international trade, promoting exchange stability, and providing the opportunity for the orderly correction of countries' balance of payments problems.

Hope you found it helpful. If you have any questions please feel free to post it here!!

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