Role Of Multilateral Agencies

Student à FORE School Of Management
5 Jan 2010

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Role Of Multilateral Agencies

  1. cooperation
  2. ii) Expansion and balanced growth of
  3. international trade
  4. payments and eliminate foreign
  5. exchange restrictions
  6. v) Make resources of the Fund available
  7. to members
  8. vi) Shorten the duration and lessen the
  9. degree of disequilibrium in international
  10. Technical Assistance
  11. IMF decides on the quota for each member
  12. Richer countries have larger quota
  13. The member's voting power in institutional decision making (along with basic votes); 
  14. The level of access of the member to IMF financing;
  15. 3 times the amount of its quota, if this is not sufficient
  16. International Development Association (IDA)
  17. International Finance Corporation (IFC)
  18. Multilateral Investment Guarantee Agency (MIGA)
  19. The first step of the World Bank towards the accomplishment of the task is debt relief.
  20. E.g World Bank’s support to a Brazilian Dictator
  21. HQs of IMF & WB both in Washington DC.
  22. Internal: Privatization, Deregulation
  23. External: International Policies etc…
  24. Highly Sensitive- Asian Crisis 1997, Argentina,
  25. Soverignity
  26. Voluntary Reforms
  27. Agri Reforms
  28. Policies linked with Loans
  29. Quotas: Only Big Daddies
  30. Restructuring Bankrupt Firms
  31. Moral Hazard
  32. SDR:

Notes de l'éditeur

  1. India was among the 17 original participants of the 1944 Bretton Woods conference which conceived the idea of the International Bank for Reconstruction and Development (IBRD)This agency provides grants and “credits”, which are loans at zero interest, with a 0.75 percent finance charge.Most importantly, the World Bank’s overall assistance to the country is specifically designed to support the goals outlined in the Government’s Five Year Plan.
  2. For 50 years, World Bank assistance to India’s energy sector has covered oil and gas, coal, power projects and alternative sources of energy. we have provided technical assistance aimed at increasing the access of poor people to electricity and clean, affordable fuel.