GEOG 130 Lecture Notes - Lecture 13: Subsistence Agriculture, Chiang Mai Initiative, Structural Adjustment
23 Apr 2018
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Document Summary
The world bank has already shifted its focus in recent years. Zoellick said there hasn"t been a new power plant built in a decade. The imf was established, along with the international bank for reconstruction and. Development, at the un monetary and financial conference held in 1944 at bretton. Is based in washington d. c. but operates independently of the world bank group. International monetary cooperation: promote the health of the world economy, world trade, to help countries with balance of payment problems. How can a country become a member: the imf began operations in 1947. If a country buys more abroad than it sells abroad, it has a balance of payments problem and has to find ways to finance the difference. Imf bailouts plunged millions of people in countries such as indonesia, greece, Ireland, and russia into poverty and ignited public anger.
