Topic 7: Superpowers (Edexcel A-Level Geography): Flashcards
📚Flashcards
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10 cards from this deck
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Practise the cards
10 cards from this deck
IMF purpose
IMF purpose
Stabilise global currencies post-1930s depression & WW2
When & where: IMF & World Bank founded?
When & where: IMF & World Bank founded?
1944 at Bretton Woods
IMF voting: how many countries control 47%?
IMF voting: how many countries control 47%?
8 individual countries
WTO purpose
WTO purpose
Free up global trade & reduce barriers via free-trade deals
WTO voting system
WTO voting system
One country one vote
Year WTO founded
Year WTO founded
1995
World Bank purpose
World Bank purpose
Finance development & address natural disaster effects
When did World Bank gain bad reputation?
When did World Bank gain bad reputation?
1970-80: environmentally damaging & costly projects
WEF purpose
WEF purpose
Promote globalisation and free trade
Year WEF founded
Year WEF founded
1971