[01] Mansour Farrokhi, Hormozgan University, Faculty of Humanities, Bandar-Abbas, Iran. [02] Seyyed Mehdi Kashfi, Islamic Azad University of Qeshm, International Branch, Qeshm Island, Iran.

The IMF, with purpose of helping balance growth in the world economy by monitoring Member’s economy – especially their exchange rates and balance of payments and acting as an international lender, has established a close relationship between international monetary system and international economic law. The paper is seeking to introduce IMF and its role in the reinforcement and development of international economic relations.

International Monetary Fund, International Monetary System, International Economic Law, International Economic Relations, Bretton Woods Conference, Globalization

[01] Aksar, Yusuf (2011), Implementing International Economic Law: Through Dispute Settlement Mechanisms, Netherlands, Koninklijke Brill NV [02] Clift, Jeremy (2004), What is the International Monetary Fund?, Washington, D.C, International Monetary Fund [03] Driscoll, David D. (1998), What is the International Monetary Fund?, Washington, D.C, International Monetary Fund [04] Evrensel, Ayse (2013), International Finance For Dummies, New Jersey, John Wiley & Sons [05] Fritz-krockow, Bernhard & Ramlogan, Parmeshwar (2007),International Monetary Fund Handbook: Its Function, Policies and Operations, Washington, D.C., International Monetary Fund [06] Herdegen, Matthias (2013), Principals of International Economic Law, UK, Oxford University Press [07] Hollander, Barbara (2013),How the World Bank and the International Monetary Fund work, first edition, New York, Rosen Publishing Group [08] International Monetary Fund (2008), Japan Administered Account for selected IMF Activities-Annual Report, Washington, D.C, International Monetary Fund [09] James, Harold (1996), International Monetary Coopration since Bretton Woods, Washington, D.C, International Monetary Fund [10] Megliani, Mauro (2015), Sovereign Debt: Genesis – Restructuring – Litigation, Switzerland, Springer International Publishing [11] Olowu, Dejo (2010), International Law: A textbook for the South Pacific, USA, CDPublishing.org [12] Peet, Richard (2007), Unholy Trinity: The IMF, World Bank and WTO, fourth impression, Malaysia, SIRD [13] Riesenhuber, Eva (2001), The International Monetary Fund under Constraint: Legitimacy of its Crisis Management, Netherlands, Kluwer Law International [14] Salda, Anne C. M. (1992), the International Monetary Fund, vol. 4, England, Clio Press Ltd. [15] Seidl-Hohenveldern, Ignaz (1999), International Economic Law, Netherlands, Kluwer Law International [16] Sengupta, Arjun (2001), Reforms, Equity, and the IMF: an Economist's World, New Delhi, Har-Anand Publication [17] Steil, Benn (2013),The Battle of Bretton Woods: John Maynard Keynes, Harry Dexter White, and the Making of a New World Order, U.K., Princeton University Press [18] Wells, Gary J.; Shuey, Robert & Kiely, Ray (2001), Globalization, New York, Novinka Books [19] Woods, Ngaire (2006), The Globalizers: The IMF, the World Bank and Their Borrowers, New York, Cornel University