Exam 10: The International Financial Institutions

The World Bank policy has promoted the concept of ____________ as the "missing link" in development theory that identifies networks and linkages an individual or a household can use to gain access to resources.

How has the global financial crisis of 2008 hurt developing economies?

Which of the following replaced structural adjustment policies, and were designed to introduce national ownership and civil society participation into the creation of development policies?

How is the World Bank's new approach to development more "comprehensive"?

Discuss reasons for the establishment of the International Development Agency within the International Bank of Reconstruction and Development in 1960.

The World Bank solely invests money in clean-energy projects, as a way to combat climate change.

Why did the World Bank take a new emphasis on resilience after the 2008 financial crisis?

What were the original objectives of the US delegation during the Bretton Woods Conference?

In the first two decades of its existence, the World Bank focused mostly on small, anti-poverty projects.

The US appoints the World Bank president, while Europe selects the president of the IMF.

The Asian Infrastructure Investment Bank represents a response from China to the continued Western influence over the IFIs.

What was the World Bank's original purpose?

Good governance implies the promotion of transparency and accountability.

The Mexican Peso crisis followed an apparent "boom" in the country's economy in the late 1980s and early 1990s.

Why have international financial institutions received criticism?

What was the initial function of the International Monetary Fund (IMF)?

What was the difference between IBRD and IDA?

Define and explain the significance of the East Asian "miracle," the Mexican peso crisis, and stagnation in sub-Saharan Africa.

Structural adjustment programs improved social conditions in sub-Saharan Africa in the 1980s and 1990s.

Describe the governance structures of the IMF and the World Bank.