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The International Monetary Fund (IMF) and the World Bank were established after World War II, alongside the United Nations, to promote global peace and economic stability. Recognizing that peace cannot be sustained without economic security, these institutions function as banks funded by member countries rather than individuals. While most countries are members, wealthier nations provide significant financing and influence. The IMF's primary role is to assist countries facing economic crises, serving as a lender of last resort when other funding options are unavailable. The IMF and World Bank are designed to complement each other in achieving economic stability worldwide.