INTERNATIONAL MONETARY FUND

The future of global finance is at a crossroads, and the role of money in this digital age has become uncertain. The International Monetary Fund (IMF) will examine the benefits and risks of cryptocurrency, the possibility of a global currency, and the role of the IMF at large.

Topic 1 will explore how crypto mining has exacerbated global resource disparities and raised questions about environmental sustainability. Delegates will debate on international restrictions on crypto mining, the role of the IMF in regulating crypto currencies, and measures that can be taken to allow developing countries to have equal opportunities for developing countries to compete on the world stage. In Topic 2, delegates will discuss the prospect of a global currency as well as the pros and cons of the internationalization of monetary policy. Regional currencies like the Euro and their effect on regional economic security will also be evaluated. Additionally, government intervention on exchange rates and equitable representation in global financial governance will be discussed.