international financial institutions and policy coordination

International financial institutions refer to organizations and institutions that operate at a global level, aiming to promote financial stability, development, and cooperation among countries. Policy coordination, on the other hand, pertains to the process of harmonizing and aligning economic and financial policies among these institutions and member countries. Hence, international financial institutions and policy coordination together involve the collaboration and synchronization of various financial policies and actions among nations to maintain global financial stability and support economic growth.

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