1.The Fundamental Nature Of International Conflicts: Disagreements between countries don’t always culminate in wars. Diplomatic and peaceful methods are often preferred means of resolving differences, even though these approaches might not always be the most visible or recognised.

2.Definition And Purpose Of International Organisations: International organisations are not overarching powers but are entities formed through mutual agreements between nations. They serve as platforms where these nations can engage in dialogue and collaboratively decide on common challenges and disputes.

3.Cooperative Endeavours Of Nations: Some challenges are so universal that they cannot be addressed by individual countries alone. Issues like diseases and global warming are prime examples that call for collective action, highlighting the essence that global challenges need global solutions.

4.The Gap Between Recognition And Execution: Understanding a problem and acting upon it are distinct aspects. Nations might acknowledge the need for collaborative efforts but might differ on the ways to approach it, how to share responsibilities, and ensuring everyone benefits equally. This is where international organisations step in to bridge the gap.

5.Trust And Verification In Cooperation: International organisations play a vital role in ensuring that agreements between countries are transparent and trustworthy. They ensure that member nations stick to the terms they’ve agreed upon, guaranteeing an equitable distribution of responsibilities and rewards.

6.The Post-Cold War Era And The United Nations (UN): With the end of the Cold War, a new geopolitical balance emerged with Western powers, especially the US, taking the lead. This posed concerns regarding unchecked power dynamics. A pressing question arises: Can the UN act as a counterbalance, promoting dialogue, and potentially regulating the dominance of major powers like the US?

The International Monetary Fund (IMF) is a global organisation that monitors and regulates financial institutions and systems operating at an international level. As of April 12, 2016, the IMF had 189 member countries. However, not all member countries have equal influence within the organisation. This disparity in influence is largely due to the voting system, which is weighted based on a country’s financial contribution to the IMF.