Inside money cooperative solutions from the IMF

Summary: This fast-paced animated case study examines the International Monetary Fund's role in assisting countries under economic distress. Spotlighted is a fictional country called Ruritania, whose litany of monetary problems includes government's role in the economy surpassing that of the private sector; wasteful government spending to employ relatives of politicians; subsidies to civilians who do not need social benefits; low tax revenues, prompting heavy government borrowing from abroad; and inflation caused by over-circulation of money printed for the government to spend more than it earns. Host Ian McFadden discusses the measures the IMF takes to pull Ruritania out of the bind.