Understanding Global Issues

Briefings and books about the big issues of our time

The IMF and the World Bank

In the scales of total global investment, the loans and grants provided by the International Monetary Fund, the World Bank and the growing number of regional development banks do not weigh very heavily. Most of the money goes to developed economies, and comes from commercial investors looking for profits. However, the world's poorest nations depend heavily on IMF and World Bank, whose support can in turn attract private investment in its wake. How well equipped are these institutions to perform such a role?

Published: February 2004 ISBN: 0850487633

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