CHAPTER 13

International Financial Institutions

LEARNING OBJECTIVES

After reading this chapter, you should be able to:

  • Understand the need for International Financial Institutions in the global economy
  • Explain the role of the IMF as a regulator of global finance
  • Analyse the importance of the World Bank Group as a source of development finance
  • Distinguish between the objectives and functions of the IMF and World Bank
  • Examine the regional financial institutions in Asia and Africa

A WATER-SECURE WORLD FOR ALL

The World Bank is the global financer for water resources in developing countries with a current project portfolio of 170 projects valued at USD 26.7 billion. It aims to ensure effective water management as a critical resource ...

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