Question 1

How did the IBRD interact with new post-colonial nations?

Accepted Answer

A)  It served as an intermediary between the international financial institutions. 
B)  It served as an intermediary between international banks and governments. 
C)  It served as an intermediary between governments. 
D)  It served as an intermediary between international powers and European governments. 
E)  It served as a direct link between the US foreign policy agencies and governments. 
A)  It served as an intermediary between the international financial institutions. 
B)  It served as an intermediary between international banks and governments. 
C)  It served as an intermediary between governments. 
D)  It served as an intermediary between international powers and European governments. 
E)  It served as a direct link between the US foreign policy agencies and governments.

Question 2

How does the World Bank conceive of poverty?

Accepted Answer

Within this shift, the World Bank widely

Question 3

Like the UN, each country has one vote at the World Bank and IMF.

Accepted Answer

A) True 
 B)False

Question 4

In 2005, Argentina argued Latin American states should sever links with the IMF.

Accepted Answer

A) True 
 B)False

Question 5

Explain the different approaches taken by the World Bank in relation to poverty.

Accepted Answer

Within this shift, the World Bank widely

Question 6

How did the 2008 financial crisis impact the IFIs?

Accepted Answer

Despite its origins in the West, the 200

Question 7

What is the main criticism against international financial institutions from conservatism?

Accepted Answer

A)  The power of the multinational corporations. 
B)  Their relevant role in a globalized world. 
C)  The changes in their roles. 
D)  The role of the Bretton Woods Conference. 
E)  The war between the IMF and the World Bank. 
A)  The power of the multinational corporations. 
B)  Their relevant role in a globalized world. 
C)  The changes in their roles. 
D)  The role of the Bretton Woods Conference. 
E)  The war between the IMF and the World Bank.

Question 8

"Vulnerability" and "voicelessness" are now of primary focus in the World Bank's strategies on poverty reduction.

Accepted Answer

A) True 
 B)False

Question 9

What role did the "East Asian miracle" play in triggering a rethink of IMF and World Bank policies?

Accepted Answer

The countries of South Korea, Taiwan, Ho

Question 10

The Washington Consensus is the term used to refer to a set of development policies that recognize the limitations of neoliberalism.

Accepted Answer

A) True 
 B)False

Question 11

What was the "Mexican peso crisis" and how did it affect views on structural adjustment programs?

Accepted Answer

In the late 1980s and early 1990s, Mexic

Question 12

What are Poverty Reduction Strategy Papers and what are some criticisms made against them?

Accepted Answer

Poverty Reduction Strategy Papers (PRSPs

Question 13

China has repeatedly sought to use development funding as a means to open markets and exercise leverage across the post-colonial world, particularly in sub-Saharan Africa and Central Asia.

Accepted Answer

A) True 
 B)False

Question 14

Which best defines "crony capitalism"?

Accepted Answer

A)  Tight integration of economic, political, and military elites 
B)  Generational political leadership 
C)  Triangular decision making between banks, MNCs, and particular political parties 
D)  An overly close relationship between the government and local businesses 
E)  Nationally owned enterprises used for political versus economic goals 
A)  Tight integration of economic, political, and military elites 
B)  Generational political leadership 
C)  Triangular decision making between banks, MNCs, and particular political parties 
D)  An overly close relationship between the government and local businesses 
E)  Nationally owned enterprises used for political versus economic goals

Question 15

Which term refers to the program of rapid price liberalization, currency devaluation, and fiscal discipline imposed by the IMF during structural adjustment?

Accepted Answer

A)  Capitalist medicine 
B)  Neoliberal treatment 
C)  Deregulation program 
D)  Massive attack 
E)  Shock therapy 
A)  Capitalist medicine 
B)  Neoliberal treatment 
C)  Deregulation program 
D)  Massive attack 
E)  Shock therapy

Question 16

The IMF originally functioned as an instrument to maintain international currency stability.

Accepted Answer

A) True 
 B)False

Question 17

In the 1990s, the IMF discouraged developing countries from opening up their stock markets to foreign investors.

Accepted Answer

A) True 
 B)False

Question 18

In regards to development, in the early 2000s the World Bank moved to which of the following?

Accepted Answer

A)  A singular agenda 
B)  A strategic agenda 
C)  A malleable agenda 
D)  A compassionate agenda 
E)  A comprehensive agenda 
A)  A singular agenda 
B)  A strategic agenda 
C)  A malleable agenda 
D)  A compassionate agenda 
E)  A comprehensive agenda

Question 19

The World Bank's Africa Climate Business Plan is an example of structural adjustments.

Accepted Answer

A) True 
 B)False

Question 20

The 2008 financial crisis sparked a food crisis in the Global South.

Accepted Answer

A) True 
 B)False

Exam 10: The International Financial Institutions

How did the IBRD interact with new post-colonial nations?

How does the World Bank conceive of poverty?

Like the UN, each country has one vote at the World Bank and IMF.

In 2005, Argentina argued Latin American states should sever links with the IMF.

Explain the different approaches taken by the World Bank in relation to poverty.

How did the 2008 financial crisis impact the IFIs?

What is the main criticism against international financial institutions from conservatism?

"Vulnerability" and "voicelessness" are now of primary focus in the World Bank's strategies on poverty reduction.

What role did the "East Asian miracle" play in triggering a rethink of IMF and World Bank policies?

The Washington Consensus is the term used to refer to a set of development policies that recognize the limitations of neoliberalism.

What was the "Mexican peso crisis" and how did it affect views on structural adjustment programs?

What are Poverty Reduction Strategy Papers and what are some criticisms made against them?

China has repeatedly sought to use development funding as a means to open markets and exercise leverage across the post-colonial world, particularly in sub-Saharan Africa and Central Asia.

Which best defines "crony capitalism"?

Which term refers to the program of rapid price liberalization, currency devaluation, and fiscal discipline imposed by the IMF during structural adjustment?

The IMF originally functioned as an instrument to maintain international currency stability.

In the 1990s, the IMF discouraged developing countries from opening up their stock markets to foreign investors.

In regards to development, in the early 2000s the World Bank moved to which of the following?

The World Bank's Africa Climate Business Plan is an example of structural adjustments.

The 2008 financial crisis sparked a food crisis in the Global South.

What Is Development? From Economic Growth to the Sustainable Development Goals

Imperialism and the Colonial Experience

Theories of Development Economics

The Critical Political Economy of Development

Post-development and Alternatives to Development

Gender and Development: Theoretical Insights and International Commitments

Globalization and Development

State of the State: Does the State Have a Role in Development?

National Development Agencies and Bilateral Aid

The United Nations and Multilateral Actors in Development

Private Enterprise and Development

Civil Society and Development

China and the Emerging Economies

Debt and Development

Free Trade, Fair Trade, and South-South Trade

Democracy

Climate Change, Environment, and Development

Rural Development

Urban Development: Cities in the Global South

Development and Health

Conflict and Development

Refugees and International Development Policy and Practice

Indigenous Community Economic Resilience

Culture and Development

Measuring and Evaluating Poverty

Inequality and Social Policy

Planning and Appraising Development Projects

Humanitarian Assistance and Intervention

Ethics of Development, by Des Gasper

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