Which institution is typically involved in ensuring economic stability in global markets?

The International Monetary Fund (IMF) is primarily responsible for ensuring economic stability in global markets. It plays a crucial role in monitoring the global economy and providing financial assistance to countries facing balance of payments problems. The IMF assists member countries through economic policy advice, financial support, and capacity development, which helps stabilize their economies and promotes sustainable growth.

The institution focuses on a range of economic issues, including exchange rates, both fiscal and monetary policies, and global economic trends. By engaging in regular consultations with its member states, the IMF aims to detect potential challenges early and facilitate cooperative solutions.

In contrast, while the World Trade Organization (WTO) aims to regulate international trade and resolve trade disputes, its focus is primarily on trade rather than financial stability. The Council of Europe is concentrated on human rights, democracy, and rule of law within Europe, which does not directly relate to economic stability in a global context. The Organization of American States (OAS) is also not primarily focused on global economic stability, as its main mission is to promote democracy and cooperation among countries in the Americas.