these origins, additional international financial institutions have emerged to ease economic relations among nations. Among these are the Compensatory Finance Facility (1963), the Buffer Stock Facility (1969), the Special Oil Facilities (1974 and 1975), and the Supplementary Financing Facility (1979-82). All these sorts of vehicles have addressed specific sectors in international economic relations. Creating these commodity exploitation facilities seemed easy compared to the as yet untested, and still unsettled, new "Global Environmental Facility."
Under IMF's systems, as nations encounter valance of payments problems, they can draw on IMF resources, initially free of conditions, but, once further credit is sought, "conditionality" is imposed in order to ensure that the borrowing country will be able demonstrably to overcome its balance of payments difficulties.
Conditions vary depending on the sate of each nation's economic health. On a temporary balance of payments situation, such as a cyclical
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