DVM 2105 Lecture Notes - Lecture 14: International Monetary Fund, East African Development Bank, Bretton Woods Conference
Document Summary
International nancial institutions are governed by international law because they are owned by the states. Critics (leftists) believe that ifi have not been helpful in helping countries to develop themselves and that the existing poverty and inequality is caused by the ifi. Questions will be posted on monday, december 11 at 4:30: 3 questions, you pick 2. Hand in the exam on tuesday december 12 from 2:30 to 4:30. Part two - bretton woods: imf, world bank. Part three - challenges against ifis: theoretical challenges, practical challenges. There are two types: multilateral international nancial institutions, the world bank group. They are like international organizations except they are speci cally monetary, Part two - bretton woods system the world bank and the. Bretton woods held under leadership of un in 1944. Re ects the emergence of a new world after wwii. After wwii, the victors decided to extend to parallel orders. One is the political order of the united nations.