IRLS301 American Military Missions & Functions Of IMF & World Bank Discussion

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irls301

American Military University

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Discussion Question: Compare and contrast the missions and functions of the IMF and the World Bank. In what way have these organizations contributed to cooperation and conflict in the international economic arena? Offer specific examples to support your arguments.

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IMF & World Bank Missions and Functions

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Established in 1945 and comprising of 189 member countries, the Bretton Woods
institutions; the International Monetary Fund (IMF) and the World Bank play a critical role in
the promotion of global economic growth and development and in the reduction of poverty.
Though both IMF and World Bank extend loans to member countries for various
purposes including financing of a balance of payment deficits and funding of development
projects respectively; the two have distinct goals and missions. For the IMF, its main mission
and role in the world economy are to ensure the stability of the international monetary...


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