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VOL. 2, ISSUE 1 (2020)
The role of the IMF and World Bank in the Global Economy
Authors
Dr. Sharmila Ahlawat
Abstract
The International Monetary Fund (IMF) and the World Bank are the two
cornerstone multilateral institutions of the post-World War II international
economic order, established at the Bretton Woods Conference in 1944. Over seven
decades, these institutions have profoundly shaped global economic governance,
financial stability, and development financing. This paper examines their
respective mandates, operational mechanisms, historical evolution, and
measurable impact on the global economy up to the fiscal year 2017–18. Drawing
on official data, it analyses lending patterns, structural adjustment outcomes,
debt relief initiatives, and the evolving criticisms and reforms these bodies
have undertaken.
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Pages:40-43
How to cite this article:
Dr. Sharmila Ahlawat "The role of the IMF and World Bank in the Global Economy". International Journal of Management and Commerce, Vol 2, Issue 1, 2020, Pages 40-43
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