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
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2
Q

What is the world bank ?

A

Provides financial technical assistance for developing projects in developing countries

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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
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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
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