December 2015
Intermediate to advanced
313 pages
16h 2m
English
Content preview from International Business, 2nd Edition by Pearson
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10
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 fi nance
■ Analyse the importance of the World Bank Group as a source of development fi nance
■ Distinguish between the objectives and functions of the IMF and World Bank
■ Examine the regional fi nancial institutions in Asia and Africa
THE NEW BRICS BANK
The ve BRICS nations—Brazil, Russia, India, China and South Africa have agreed to establish
a development bank for the nancing of infrastructure ...
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