The World Bank, IMF, & NGOs

4 flashcards · Economics · by Addaneye

1. What two main ways does the World Bank help promote growth and development?

   Development loans Debt relief

2. What two main ways does the IMF help promote growth and development?

   Maintaining stability in the global economy Occasionally provides bailouts to countries in need

3. What ways does the IMF maintain stability in the global economy?

   Exchange rates Balance of payments Economic policies

4. Why might NGOs be better at promoting growth and development than organisations like the World Bank?

   They usually have localised knowledge