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The IMFs Relations with other International Organizations ; The original idea of the creators of the specialized agencies

of the United Nations system was that each agency would exercise its authority within the limited scope of its specialization and that the U.N. Economic and social council would be the forum in which their activities would be coordinated the relationship agreement between the IMF and the UN however amounts to a declaration of independence . while it acknowledges that he IMF is a specialized agency of the UN, any meaningful role in the affairs of the IMF . The effective independence of the IMF from the UN has become a problem as the scope of the IMFs operation has expanded its original monetary function. Now that the IMF is involved in such issues as law reform , poverty alleviation, labor issues social welfare environment , and trade linearization its operations are encroaching into the jurisdiction of other specialized international organizations like the World Bank, the WTO the, ILO , WHO, and UNICEF.

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