Legal

Regulating the International Monetary Fund: Reworking Austerity for Equity

The legal committee of the United Nations focuses on reforming and regulating international agencies across the globe. In this committee, the spotlight is on the International Monetary Fund.

The International Monetary Fund was created with the intention of lifting less economically developed countries. Since its inception, however, it has developed a reputation for its exploitative loaning as a result of its conditional loaning.

This committee will focus on reforming, or recreating, the IMF to create more fair regulations for the conditions of austerity the loaning agency enforces on its creditors. Whether predicated on cutting public spending, forced bolstering of private assets, or strict guidelines on how a nation can use the capital, the IMF has been able to take advantage of less economically developed areas for decades. That ends today as delegates redefine what it means to help those in need.

TOPIC 1: Reforming Loan systems to empower developing nations

TOPIC 2: Reforming the IMF to aid nations with debt management

Note: Legal will be a single-delegate committee.

 

Meet the Chairs!

Alex Rodriguez ~ Head Chair

Alex is a senior at USC majoring in International Relations and Global Business, with interests in human rights work, climate advocacy, and researching cultural shifts. He is from Laguna Beach,California, and joined MUNSC in Fall 2025. He has previously competed at SBIMUN and UCBMUN, while serving as Head Chair at SCMUN 2026. Outside of MUN, he holds executive board positions for USC’s foreign service organization Delta Phi Epsilon and the United Nations Association at USC, is an immigration and human rights legal intern in Downtown LA, and is involved in research initiatives on and off campus. In his free time, you’ll likely find Alex snorkeling in Laguna Beach, hiking, reading, or trying new cafes across LA!

Daniel Joung ~ Deputy Chair

Hey, I’m Daniel Joung! I am a sophomore and currently majoring in Political Science. I was born and raised in Cerritos, California. In my free time I like to golf, play basketball, and stay active. Throughout high school I was deeply involved in MUN, and I am glad to be continuing MUN during college. For this upcoming conference I am excited to see all your guy’s amazing speeches and well-thought out solutions. Hope the best for you all! See you soon!