Over Time, the IMF Is Becoming More Like the World

Question

Examlex · Accepted Answer

The Answer is The World Bank makes loans to developing countries for specific infrastructure projects or loans designed to restructure the economy. Both types of lending are long run in nature. Originally, the IMF only made loans that were short run loans to provide temporary balance of payments support. However, the IMF has increasingly moved into lending to developing countries. Some of the newer forms of IMF lending are more linked to overall economic development and less specifically tied to balance of payments support. The result is that some forms of IMF lending now look suspiciously like some of the lending done by the World Bank.

Over Time, the IMF Is Becoming More Like the World

Essay

Correct Answer:
Verified

Over Time, the IMF Is Becoming More Like the World

Essay

Correct Answer:VerifiedShow Answer

Correct Answer:
Verified