The IMF and The World Bank
In the 2005 IB Economics syllabus you are required to evaluate the role of the International Monetary Fund (IMF) and the World Bank in their contributions to growth and development. In simple terms, you should know what they do, and their advantages and disadvantages. Interestingly, much of the online media out there is overtly critical of these international financial institutions. Try to maintain some balance in your evaluation by acknowledging benefits as well as explaining the disadvantages. Here are some key resources – you should spot whether they are biased in favour of or against the IMF and WB (or neutral).
a) Websites
International Monetary Fund
http://www.globalization101.org/imf-introduction/
b) Videos
Finally, if you have time (one and a half hours), you might choose to watch a very critical but fascinating documentary film called Life and Debt – I highly recommend this, but it can be disturbing at times.
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