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Fundamentals of International Business
book

Fundamentals of International Business

by Sumati Varma
April 2019
Intermediate to advanced content levelIntermediate to advanced
368 pages
12h 18m
English
Pearson Education India
Content preview from Fundamentals of International Business

CHAPTER 12

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

THE NEW BRICS BANK

The five BRICS nations—Brazil, Russia, India, China and South Africa had agreed to establish a development bank for the financing of infrastructure projects. It was christened ‘The New Development Bank’, and established with a corpus of ...

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Publisher Resources

ISBN: 9789389588019