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The International Monetary Fund And The World Bank In A Globalized World
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Book Synopsis 50 Years is Enough by : Kevin Danaher
Download or read book 50 Years is Enough written by Kevin Danaher and published by South End Press. This book was released on 1994 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: As the World Bank and the International Monetary Fund (IMF) celebrate fifty years of economic dominion over the Third World, this reader brings the best progressive authors together to critique these two main proponents of neo-liberalism. 50 Years is Enough covers such topics as failed development projects, the feminization of poverty, the detruction of the environment, the internal workings of the World Bank and the IMF, and the struggle to build alternatives to neo-liberal policies.It also includes a guide to the many organizations involved in the struggle to reform the World Bank and the IMF.
Book Synopsis The IMF and the World Bank at Sixty by : Ariel Buira
Download or read book The IMF and the World Bank at Sixty written by Ariel Buira and published by Anthem Press. This book was released on 2005 with total page 363 pages. Available in PDF, EPUB and Kindle. Book excerpt: An authoritative review of the position of the IMF and World Bank in their sixtieth year.
Download or read book The Globalizers written by Ngaire Woods and published by Cornell University Press. This book was released on 2014-10-03 with total page 266 pages. Available in PDF, EPUB and Kindle. Book excerpt: "The IMF and the World Bank have integrated a large number of countries into the world economy by requiring governments to open up to global trade, investment, and capital. They have not done this out of pure economic zeal. Politics and their own rules and habits explain much of why they have presented globalization as a solution to challenges they have faced in the world economy."—from the Introduction The greatest success of the International Monetary Fund and the World Bank has been as globalizers. But at whose cost? Would borrowing countries be better off without the IMF and World Bank? This book takes readers inside these institutions and the governments they work with. Ngaire Woods brilliantly decodes what they do and why they do it, using original research, extensive interviews carried out across many countries and institutions, and scholarship from the fields of economics, law, and politics. The Globalizers focuses on both the political context of IMF and World Bank actions and their impact on the countries in which they intervene. After describing the important debates between U.S. planners and the Allies in the 1944 foundation at Bretton Woods, she analyzes understandings of their missions over the last quarter century. She traces the impact of the Bank and the Fund in the recent economic history of Mexico, of post-Soviet Russia, and in the independent states of Africa. Woods concludes by proposing a range of reforms that would make the World Bank and the IMF more effective, equitable, and just.
Book Synopsis The International Monetary Fund and the World Bank in a Globalized World by : Nora Juliane Hildebrand
Download or read book The International Monetary Fund and the World Bank in a Globalized World written by Nora Juliane Hildebrand and published by GRIN Verlag. This book was released on 2019-02-18 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2015 in the subject Economics - International Economic Relations, grade: 1,7, Pforzheim University, language: English, abstract: This seminar paper mainly explains the areas of responsibility as well as the objectives of the International Monetary Fund (IMF) and the World Bank. Differences between the two international institutions will get clearer and a case study and criticism contribute to a better understanding. There is no doubt that the process of globalization, defined as the gradual movement towards a more intertwined world, has enriched our personal life economically and culturally. We benefit from international cooperation, free trade, innovation, a broader knowledge, and facilitated communication and generally, we are offered more possibilities to shape our life as it may best please us. Nevertheless, global interdependence implicates fierce competition and therefore a stronger divide between rich and poor. Moreover, increasing environmental pollution and the violation of human rights are accepted, just to push forward economic success. In order to solve negative side effects caused by globalization, several associations have been established over the years. Among these, there is for example the Organisation for Economic Cooperation and Development (OECD), the World Trade Organisation (WTO), the United Nations (UN), the International Monetary Fund (IMF) and the World Bank. This seminar paper focuses on the two latter institutions with the intention to illustrate their significant influence on prosperity and development. Even though the IMF and its "twin institution" are independent bodies that do not always collaborate in current projects, their responsibilities often overlap as they pursue the same goals: reducing poverty, supporting economic growth and global trade as well as stabilizing the international financial system. To maintain a clear overview about the organizations' differences, they will be described separately in the investigation. The roles of the International Monetary Fund and the World Bank are diverse, but always pursuing international stability. Superficially, the Bank and the IMF possess many similar characteristics, which makes it difficult to distinguish between them.
Book Synopsis 10 Reasons to Abolish the IMF & World Bank by : Kevin Danaher
Download or read book 10 Reasons to Abolish the IMF & World Bank written by Kevin Danaher and published by Seven Stories Press. This book was released on 2011-01-04 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt: A veritable "Globalization for Dummies," 10 Reasons to Abolish the IMF & World Banklays bare the most common myths of globalization in a clear and understandable way. Looking with hope to grassroots movement-building on a global scale, Danaher presents ten arguments for abolishing the IMF and World Bank and replacing them with democratic institutions that would make the global economy more accountable to an informed and active citizenry. Conceived as an effort to educate the public about how international institutions of "free trade" are widening the gap between the rich and poor globally, Danaher reveals how the lending policies of the IMF and the World Bank fail to benefit Third World peoples, and instead line the pockets of undemocratic rulers and western corporations while threatening local democracies and forcing cuts to social programs. Through anecdotes, analysis, and innovative ideas, Danaher argues that the IMF and the World Bank undermine our most basic democratic values, and calls for reframing the terms on which international economic institutions are operated using the principles of environmental sustainability, social justice, and human rights.
Book Synopsis The Effect of International Monetary Fund and World Bank Programs on Poverty by : William Easterly
Download or read book The Effect of International Monetary Fund and World Bank Programs on Poverty written by William Easterly and published by World Bank Publications. This book was released on 2001 with total page 36 pages. Available in PDF, EPUB and Kindle. Book excerpt: There is some evidence that IMF and World Bank adjustment lending smooths consumption for the poor, reducing the rise in poverty for any given contraction of the economy but also reducing the fall in poverty for any given expansion. Adjustment lending plays a similar role as inequality, reducing poverty's sensitivity to the economy's aggregate growth rate.
Book Synopsis Challenges to the World Bank and IMF by : Ariel Buira
Download or read book Challenges to the World Bank and IMF written by Ariel Buira and published by Anthem Press. This book was released on 2003 with total page 289 pages. Available in PDF, EPUB and Kindle. Book excerpt: A unique title considering the challenges to the World Bank's development goals and reducing world poverty.
Book Synopsis Reform of the International Institutions by : P. Coffey
Download or read book Reform of the International Institutions written by P. Coffey and published by Edward Elgar Publishing. This book was released on 2006-01-01 with total page 177 pages. Available in PDF, EPUB and Kindle. Book excerpt: Peter Coffey and Robert J. Riley, in Reform of the International Institutions, offer positive proposals for change in the sweeping horizon of economic institutions including the WTO. Their book also includes documents that help with research on the topic. Richard Fulton, Choice At no period since the creation of the International Monetary Fund (IMF), World Bank and World Trade Organisation (WTO) has it been a more opportune time to examine the work, reform and future of the international monetary and trading systems. In this comprehensive examination, the authors provide original, independent assessments of these institutions from both an American and European perspective and offer proposals for reform and improvement. The seemingly endless problems encountered by the IMF, WTO and World Bank provide major reasons for seeking reform. However, an additional impetus is the changing balance of economic power in the world. The volume begins with an overview of the Bretton Woods and international trading systems. Following this are discrete, in-depth discussions of the three institutions from American and European points of view. The authors emphasise the need for making the IMF and World Bank more regional in structure and, like the European Bank, more frugal in the lifestyles of their officials. Similarly, they call for a narrower focus in the mission of the World Bank and the IMF. In the case of the WTO, they call for a democratic reform of the organisation comprising participation by experts and, above all, better representation and support for Third World countries. Scholars and students of political economy, as well as those interested in the history and reform of international institutions, will find this an enlightening and necessary addition to their library.
Book Synopsis The contribution of the International Monetary Fund and the World Bank to the "neoliberalization" of the global economy by : Felix Wiebrecht
Download or read book The contribution of the International Monetary Fund and the World Bank to the "neoliberalization" of the global economy written by Felix Wiebrecht and published by GRIN Verlag. This book was released on 2014-07-28 with total page 11 pages. Available in PDF, EPUB and Kindle. Book excerpt: Essay from the year 2014 in the subject Politics - Topic: Globalization, Political Economics, grade: 15, University of Aberdeen, language: English, abstract: To what extent has the International Monetary Fund and the World Bank contributed to the 'neoliberalization' of the global economy?
Book Synopsis The Global Findex Database 2017 by : Asli Demirguc-Kunt
Download or read book The Global Findex Database 2017 written by Asli Demirguc-Kunt and published by World Bank Publications. This book was released on 2018-04-19 with total page 228 pages. Available in PDF, EPUB and Kindle. Book excerpt: In 2011 the World Bank—with funding from the Bill and Melinda Gates Foundation—launched the Global Findex database, the world's most comprehensive data set on how adults save, borrow, make payments, and manage risk. Drawing on survey data collected in collaboration with Gallup, Inc., the Global Findex database covers more than 140 economies around the world. The initial survey round was followed by a second one in 2014 and by a third in 2017. Compiled using nationally representative surveys of more than 150,000 adults age 15 and above in over 140 economies, The Global Findex Database 2017: Measuring Financial Inclusion and the Fintech Revolution includes updated indicators on access to and use of formal and informal financial services. It has additional data on the use of financial technology (or fintech), including the use of mobile phones and the Internet to conduct financial transactions. The data reveal opportunities to expand access to financial services among people who do not have an account—the unbanked—as well as to promote greater use of digital financial services among those who do have an account. The Global Findex database has become a mainstay of global efforts to promote financial inclusion. In addition to being widely cited by scholars and development practitioners, Global Findex data are used to track progress toward the World Bank goal of Universal Financial Access by 2020 and the United Nations Sustainable Development Goals. The database, the full text of the report, and the underlying country-level data for all figures—along with the questionnaire, the survey methodology, and other relevant materials—are available at www.worldbank.org/globalfindex.
Book Synopsis How the World Bank and the International Monetary Fund Work by : Barbara Gottfried Hollander
Download or read book How the World Bank and the International Monetary Fund Work written by Barbara Gottfried Hollander and published by The Rosen Publishing Group, Inc. This book was released on 2012-07-01 with total page 82 pages. Available in PDF, EPUB and Kindle. Book excerpt: The World Bank and the International Monetary Fund (IMF) are the bankers of the global economy. The World Bank helps impoverished economies become profitable by offering financial assistance. The IMF is the organization that provides international cooperation among the world's economic superpowers. Readers are provided with explanations of the inner workings of both organizations in this informative volume. In addition, this view into the mechanics of global economics offers insight to readers about just how interdependent we all are in this globalized age.
Book Synopsis Debt, the IMF, and the World Bank by : Eric Toussaint
Download or read book Debt, the IMF, and the World Bank written by Eric Toussaint and published by NYU Press. This book was released on 2010-09-01 with total page 372 pages. Available in PDF, EPUB and Kindle. Book excerpt: Mainstream economists tell us that developing countries will replicate the economic achievements of the rich countries if they implement the correct “free-market”policies. But scholars and activists Toussaint and Millet demonstrate that this is patently false. Drawing on a wealth of detailed evidence, they explain how developed economies have systematically and deliberately exploited the less-developed economies by forcing them into unequal trade and political relationships. Integral to this arrangement are the international economic institutions ostensibly created to safeguard the stability of the global economy—the International Monetary Fund (IMF) and the World Bank—and the imposition of massive foreign debt on poor countries. The authors explain in simple language, and ample use of graphics, the multiple contours of this exploitative system, its history, and how it continues to function in the present day. Ultimately, Toussaint and Millet advocate cancellation of all foreign debt for developing countries and provide arguments from a number of perspectives—legal, economic, moral. Presented in an accessible and easily-referenced question and answer format, Debt, the IMF, and the World Bank is an essential tool for the global justice movement.
Book Synopsis Reforming the Governance of the IMF and the World Bank by : Ariel Buira
Download or read book Reforming the Governance of the IMF and the World Bank written by Ariel Buira and published by Anthem Press. This book was released on 2005-11-01 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt: The papers included in this book cover different aspects of the governance of the Bretton Woods institutions. They explore different options for reform and show that enhancing the participation of developing and emerging market countries in resolving the major monetary and financial problems confronting the world economy, would improve global economic performance and contribute to the elimination of world poverty.
Book Synopsis Global Waves of Debt by : M. Ayhan Kose
Download or read book Global Waves of Debt written by M. Ayhan Kose and published by World Bank Publications. This book was released on 2021-03-03 with total page 403 pages. Available in PDF, EPUB and Kindle. Book excerpt: The global economy has experienced four waves of rapid debt accumulation over the past 50 years. The first three debt waves ended with financial crises in many emerging market and developing economies. During the current wave, which started in 2010, the increase in debt in these economies has already been larger, faster, and broader-based than in the previous three waves. Current low interest rates mitigate some of the risks associated with high debt. However, emerging market and developing economies are also confronted by weak growth prospects, mounting vulnerabilities, and elevated global risks. A menu of policy options is available to reduce the likelihood that the current debt wave will end in crisis and, if crises do take place, will alleviate their impact.
Book Synopsis Globalization and the Nation State by : Stephen Kosack
Download or read book Globalization and the Nation State written by Stephen Kosack and published by Routledge. This book was released on 2004-08-02 with total page 529 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book brings together an international team of contributors to assess the political economy of the IMF and World Bank programs. Contributors include Stephen Coate, Stephen Morris, Ravi Kanbur and Allen Drazen.
Book Synopsis The Globalisation of Poverty by : Michel Chossudovsky
Download or read book The Globalisation of Poverty written by Michel Chossudovsky and published by London, England ; Atlantic Highlands, NJ : Zed Books. This book was released on 1997 with total page 292 pages. Available in PDF, EPUB and Kindle. Book excerpt: Overview of macroeconomic disaster in the making
Book Synopsis Losing the Global Development War by : John Head
Download or read book Losing the Global Development War written by John Head and published by BRILL. This book was released on 2008-03-30 with total page 368 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book offers a new perspective in examining the key global economic organizations - the International Monetary Fund, the World Bank (and its regional counterparts), and the World Trade Organization. Aimed at ordinary informed readers, the text draws upon the author's many years of familiarity with these organizations to evaluate them from a legal and policy perspective, touching on issues of "mission creep," "democracy deficit," and more. The book depicts such issues as the central struggles in a "Global Development War" that is now being lost because of certain ideological and institutional failings that currently afflict the global institutions. That war can be won, the author asserts, only by adopting an ideology of liberal, intelligent, participatory, multilateral, and sustainable human development.
