Lesson 16 - IGOs Flashcards

1
Q

IMF

A

Monitor economic + financial development
Lending to facilitate development

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2
Q

WTO

A

Formulate trade policy, settle disputes, promote free trade

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3
Q

World Bank

A

Advice, loans, grants
Poverty reduction + development promotion
Long term aims

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4
Q

SAPs

A

Structural Adjustment Plans
Policy implemented to attain loans + prevent defaulting

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5
Q

SAP policy examples

A

Trade liberalisation
Reduce the state
Competitive exchange
Deregulation
Property rights
Redirect public spending

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6
Q

Alternative to SAPs

A

PRSPs
Poverty Reduction Strategy Papers

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