Question 1

Why is the Asian Infrastructure Investment Bank significant?

Accepted Answer

The Asian Infrastructure Investment Bank

Question 2

What was the initial function of the IMF?

Accepted Answer

Initially, the purpose of the IMF was qu

Question 3

The World Bank now suggests that it needs to "empower" the poor.

Accepted Answer

A) True 
 B)False

Question 4

Which country was the first to threaten default on an outstanding debt?

Accepted Answer

A)  Brazil 
B)  Chile 
C)  India 
D)  Mexico 
E)  Ethiopia 
A)  Brazil 
B)  Chile 
C)  India 
D)  Mexico 
E)  Ethiopia

Question 5

Many countries in the Global South do not possess large-scale deficit financing to prop up consumption and alleviate unemployment.

Accepted Answer

A) True 
 B)False

Question 6

IFIs entered the new millennium by re-emphasizing their role as global poverty alleviators.

Accepted Answer

A) True 
 B)False

Question 7

The international financial institutions dissuade developing countries from accepting "foreign portfolio investments."

Accepted Answer

A) True 
 B)False

Question 8

How did the IMF and the World Bank regain momentum after the global financial crisis of 2008?

Accepted Answer

This context of gathering irrelevance di

Question 9

How has the 2008 financial crisis generated change in the IFIs?

Accepted Answer

The IMF and World Bank sought to promote

Question 10

How has the World Bank approached climate change?

Accepted Answer

The World Bank has a notably ambiguous s

Question 11

What criticisms have been levelled against the World Bank's notion of "good governance"?

Accepted Answer

While corruption is certainly bad, many

Question 12

Poverty reduction is not a major focus for the IMF and World Bank.

Accepted Answer

A) True 
 B)False

Question 13

How did Argentina's President Kirchner respond when paying back the IMF in 2005?

Accepted Answer

In 2005, just four years after suffering

Question 14

Within the World Bank, how are board representatives chosen?

Accepted Answer

A)  Through a committee 
B)  Through vote shares 
C)  Through the "one state, one vote" rule 
D)  Through the Office of the Director 
E)  Through a lottery 
A)  Through a committee 
B)  Through vote shares 
C)  Through the "one state, one vote" rule 
D)  Through the Office of the Director 
E)  Through a lottery

Question 15

How did the IMF first use its resources?

Accepted Answer

A)  To finance mobile communication grids 
B)  To finance decolonization 
C)  To finance all kinds of projects 
D)  To help the US expansion programs 
E)  To finance the building of physical infrastructure 
A)  To finance mobile communication grids 
B)  To finance decolonization 
C)  To finance all kinds of projects 
D)  To help the US expansion programs 
E)  To finance the building of physical infrastructure

Question 16

How was the first version of the World Bank affected by the US Marshall Plan?

Accepted Answer

A)  The Marshall Plan began to provide credit directly to European nations affected by World War II. 
B)  The original IBRD changed its name to the World Bank. 
C)  European countries preferred to borrow money from the World Bank. 
D)  Since the reconstruction of Europe by the Marshall Plan, European countries could not ask for money. 
E)  None of the above 
A)  The Marshall Plan began to provide credit directly to European nations affected by World War II. 
B)  The original IBRD changed its name to the World Bank. 
C)  European countries preferred to borrow money from the World Bank. 
D)  Since the reconstruction of Europe by the Marshall Plan, European countries could not ask for money. 
E)  None of the above

Question 17

The World Bank now seeks to "empower" the poor by encouraging the fostering of trade unions and encouraging wealth redistribution.

Accepted Answer

A) True 
 B)False

Question 18

Discuss the World Bank's recent turn toward promoting "empowerment."

Accepted Answer

The World Bank presents empowerment as a

Question 19

____________ refers to reforms aimed at tackling corruption, the rule of law, transparency, accountability, and judicial independence.

Accepted Answer

A)  Good governance 
B)  Best practices 
C)  Efficiency model 
D)  Developmental state 
E)  Liberalization 
A)  Good governance 
B)  Best practices 
C)  Efficiency model 
D)  Developmental state 
E)  Liberalization

Question 20

Explain the 1980s debt crisis and the response of the IMF and the World Bank.

Accepted Answer

At the end of the 1970s, many developing

Exam 10: The International Financial Institutions

Why is the Asian Infrastructure Investment Bank significant?

What was the initial function of the IMF?

The World Bank now suggests that it needs to "empower" the poor.

Which country was the first to threaten default on an outstanding debt?

Many countries in the Global South do not possess large-scale deficit financing to prop up consumption and alleviate unemployment.

IFIs entered the new millennium by re-emphasizing their role as global poverty alleviators.

The international financial institutions dissuade developing countries from accepting "foreign portfolio investments."

How did the IMF and the World Bank regain momentum after the global financial crisis of 2008?

How has the 2008 financial crisis generated change in the IFIs?

How has the World Bank approached climate change?

What criticisms have been levelled against the World Bank's notion of "good governance"?

Poverty reduction is not a major focus for the IMF and World Bank.

How did Argentina's President Kirchner respond when paying back the IMF in 2005?

Within the World Bank, how are board representatives chosen?

How did the IMF first use its resources?

How was the first version of the World Bank affected by the US Marshall Plan?

The World Bank now seeks to "empower" the poor by encouraging the fostering of trade unions and encouraging wealth redistribution.

Discuss the World Bank's recent turn toward promoting "empowerment."

____________ refers to reforms aimed at tackling corruption, the rule of law, transparency, accountability, and judicial independence.

Explain the 1980s debt crisis and the response of the IMF and the World Bank.

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

Filters