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The World Bank is a genuine investment agency. This fact seems to be self-evident, yet not fully realized by a larger … public. At present, the World Bank (IBRD), together with its affiliate, the International Development Association (IDA), is … also a multilateral development institution, the largest in the world. The purpose of this paper is to analyze how this …
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The present arrangements for providing developing countries, and in particular the least developed countries, with international finance are inadequate in both quantitative and qualitative terms. Fundamental changes seem necessary. These changes might incorporate the establishment of a new...
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IMF and the World Bank in the process of structural adjustment and the actual relationship between their different …
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Although regional development banking is a recent institution in the field of international cooperation, the author asks the question whether in the light of current and possible events in the 1970s its fundamental policies are appropriate to those developments in particular, and to economic...
Persistent link: https://www.econbiz.de/10011557732
Credit affects individuals’ perceptions and experiences of inequality. Having access to credit enables those in lower- and middle-income groups to consume an array of products and services that they otherwise would not be able to afford, thereby taking the edge off discontent. Citizens with...
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Attempts by the developing countries to replace the largely voluntary provision of development aid by a system that would free official resource flows from the possibility of political interference by the donors and from the need for yearly budgetary allocations have been going on for some time....
Persistent link: https://www.econbiz.de/10011554344