Question

Some financial experts have argued that World Bank and developed countries are intentionally trying to keep...

Some financial experts have argued that World Bank and developed countries are intentionally trying to keep developing countries from realizing genuine development goals? Do you agree or disagree? Explain your answer.

Homework Answers

Answer #1

I will not agree to this point because World Bank and developed nations such as US is contributing to growth of the developing countries by providing financial as well as technological assistance which are very much required for the growth of developing countries which lack capital resources and have abundance of labour.

For example: World Bank give low cost loans for road construction in remote and backward areas, US provide expertise for the power generation etc.

So I would disagree to statement.

the above is the answer

Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Some economists have argued that future generations will continue to carry the burden of "National debt...
Some economists have argued that future generations will continue to carry the burden of "National debt repayment." Do you agree or disagree? Explain.
Micro-Data Systems is trying to decide whether or not to produce and sell a new product...
Micro-Data Systems is trying to decide whether or not to produce and sell a new product it developed. The product engineer argued that "it would be a waste of the $5 million used in development to not produce and sell the product." Do you agree or disagree with the above statement? Briefly explain your reasoning.
Some have argued that there was a “perfect storm” that led to the 2008 financial crisis....
Some have argued that there was a “perfect storm” that led to the 2008 financial crisis. List the 5 main contributing factors that happened together that led to the financial crisis (maximum 2 double spaced pages). Note: the 5 factors are: 1-Dot-com bubble and the shift of funds from the technology era to real estate 2-Inflow of foreign capital from developing countries 3-Deregulation (refer to Glass-Steagall Act of 1933 and Gramm-Leach-Bliley Act of 1999 and shadow banking) 4-Financial innovation (CDOs...
Why does Australia have a small bond market? (you can dig up some data from the...
Why does Australia have a small bond market? (you can dig up some data from the Australian National Accounts statistics or from the World Bank Global Financial Development Database (GFDD) if you wish to quantify how small and compared to one or two meaningful countries) Do you think that this will this change in the future?
Q2: Some economists suspect that one of the reasons that economies in developing countries grow so...
Q2: Some economists suspect that one of the reasons that economies in developing countries grow so slowly is that they do not have well-developed financial markets. Does this argument make sense? Q3. When interest rates fall, how might you change your economic behavior? Q4: Why are financial markets important to the health of the economy? Q5: When the American dollar worth more in relation to currencies of other countries, would an American be more likely to buy American-made or foreign-made...
You are trying to save up to take a trip around the world in four years...
You are trying to save up to take a trip around the world in four years from today (t=4) which will cost $40,000. You currently have $25,000 in your bank account today (t=0). In addition, you plan on working for one year at which time you will deposit your savings from working into the bank account. If the interest rate is 4% p.a., how much savings from work do you need to deposit one year from today (t=1) in order...
Q1: Define money and explain the important functions of money? Q2: Some economists suspect that one...
Q1: Define money and explain the important functions of money? Q2: Some economists suspect that one of the reasons that economies in developing countries grow so slowly is that they do not have well-developed financial markets. Does this argument make sense? Q3. When interest rates fall, how might you change your economic behavior? Q4: Why are financial markets important to the health of the economy? Q5: When the American dollar worth more in relation to currencies of other countries, would...
Q1: Define money and explain the important functions of money? Q2: Some economists suspect that one...
Q1: Define money and explain the important functions of money? Q2: Some economists suspect that one of the reasons that economies in developing countries grow so slowly is that they do not have well-developed financial markets. Does this argument make sense? Q3. When interest rates fall, how might you change your economic behavior? Q4: Why are financial markets important to the health of the economy? Q5: When the American dollar worth more in relation to currencies of other countries, would...
Case 3: Bank of America: “Keep the Change” Service Design What is best practice in service...
Case 3: Bank of America: “Keep the Change” Service Design What is best practice in service development? It is very similar to product development as the following combination financial product/service project illustrates. The goal of this service development project was to get debit-card holders to open savings accounts. In the spring of 2004, a team of Bank of America researchers and consultants spent two months observing a dozen boomer-age women and their families when they shopped, balanced their checkbooks, and...
a. In the fictional country of Symposia, we have the following information for the year 2017:...
a. In the fictional country of Symposia, we have the following information for the year 2017: *Consumers bought $2 billion dollars worth of new goods and services, 15% of which were bought by foreigners residing in Symposia. *As well, $200 million worth of new housing stock was sold. *Company profit was $400 million in 2017 *Businesses bought $100 million dollars worth of bonds in 2017. *The government of Symposia bought $150 million worth of computing equipment for government-run schools in...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT