A direct example of economic development fostering democratic stability is the International Monetary Fund (IMF). The IMF promotes international monetary cooperation, ensures financial stability, and facilitates economic development. They also provide financial assistance and policy advice to member countries facing imbalances, helping to stabilize their economies and provide sustainable growth. Which organization promotes international monetary cooperation, ensures financial stability, and facilitates economic development?
1) World Bank
2) United Nations
3) International Monetary Fund (IMF)
4) World Trade Organization (WTO)