D) Other Strategies: Instiutions Flashcards
1
Q
What is the IMF?
A
- stability of exchange rates and capital flight
- maintains stability and prevents international monetary system crisis by reviewing country policy by surveillance
- provides loans
- often free market based
2
Q
What is the world bank ?
A
Provides financial technical assistance for developing projects in developing countries
3
Q
What is the focus of the world bank?
A
- provides loans to government projects in agriculture, power, transport, water supply, education, health
- improve infrastructure in developing countries
- helps with sustainable development
4
Q
What are NGOs
A
Promote community-based development strategies such as:
- local control of small-scale projects
- self-reliance
-emphasis on using the skills available - environmental sustainability
- human rights