International Monetary Fund (IMF) and the World Bank (Edexcel A-Level Politics): Flashcards
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Practise the cards
15 cards from this deck
When was the IMF established?
When was the IMF established?
1944 (Bretton Woods Conference)
When did the IMF become operational?
When did the IMF become operational?
1947
How many member states in IMF?
How many member states in IMF?
189
What does SAP stand for?
What does SAP stand for?
Structural Adjustment Programme
SAPs renamed to what?
SAPs renamed to what?
Poverty reduction strategies
When was World Bank founded?
When was World Bank founded?
1944 (Bretton Woods Conference)
WB annual lending to poorest countries
WB annual lending to poorest countries
$30 billion
What is Article IV consultation?
What is Article IV consultation?
IMF monitors member countries' economic & financial policies
Asian financial crisis year
Asian financial crisis year
1997-1998
Greece state pension cost (% GDP)
Greece state pension cost (% GDP)
17.5%
Ghana gas: % of domestic power generated
Ghana gas: % of domestic power generated
40%
USA voting power in WB/IMF (%)
USA voting power in WB/IMF (%)
16%
Pakistan SAP: number of state companies to privatise
Pakistan SAP: number of state companies to privatise
67 (plus national airline)
WB COVID response (15 months)
WB COVID response (15 months)
Over $160 billion
Two key WB institutions
Two key WB institutions
IBRD (loans to middle-income) & IDA (loans to poorest countries)