WB and IMF
Across
- 2. both were founded in 1944 as the financial arms of the _____
- 5. WB will loan to low income countries so that they can purchase ____ and technology to transition into an industrialized economy
- 7. first big problem countries who receive WB loans usually face.
- 8. IMF loans will usually ask for ___ measures from receiving countries
Down
- 1. one of the largest recipients of WB loans, historically
- 3. IMF is a lender of last resort to prevent the ______ of some crisis to several countries
- 4. the decision-making power within the WB is directly _____ to the amount of funding they provide
- 6. by giving directions on how to spend it and who to spend the lonn money with, borrowing countries end up losing
- 7. the first role of the IMF is particularly helpful for nations in periods of ____