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Introduction The International Monetary Fund (IMF) is a treaty-based, voluntary association of countries based on their real or potential impacts on the world's economy. It currently controls assets amounting to US$215 billion and has 182 m...
The global financial crisis of 2008 was the worst of its kind since the Great Depression of the 1930's. She rose to the notification in September 2008 with the failure of several large U.S. based financial services companies. His main reas...
life forms under the false cloak of international aid. After 25 years of development loans to the International Monetary Fund and World Bank, the subsistence economy of this country is devastated and at a great disadvantage compared to the ...
lower estimates for global growth due to a variety of factors. Among the major reasons contributing towards low estimates have been the recession and the rising unemployment. A combination of both these factors has resulted in poor estimat...
world countries, to curb the development of these countries (in Africa and elsewhere), to alienate politically and economically than in the West. It then calls for a reorientation of policies outside the "market logic". All these criticisms...
the world and significance. One of the major tasks of the IMF was to counsel governments in countries needing structural economic reforms. The International Monetary Fund (IMF) is a voluntary organization of 187 member countries that operat...
international organizations that were created primarily to be of assistance for the growth and development of Third World Countries by providing financial assistance and facilitating development programs. However, the IMF and WB have failed...