We use cookies to create the best experience for you. Keep on browsing if you are OK with that, or find out how to manage cookies.
Nobody downloaded yet

The Bretton Wood's institutions play a big role in intervening with internal affairs of developing countries. How successful hav - Essay Example

Comments (0)
Summary
Name: Instruction: Task: Date: Bretton Wood's The essence of development is crucial especially in developing nations to boost both economic growth and the GDP. In the same view, there should be stronger institutions and leaders who ensure funds meant for development are correctly disbursed and used…
Download full paper
GRAB THE BEST PAPER
The Bretton Woods institutions play a big role in intervening with internal affairs of developing countries. How successful hav
Read TextPreview

Extract of sample
The Bretton Wood's institutions play a big role in intervening with internal affairs of developing countries. How successful hav

Download file to see previous pages... This is through regular monitoring and rigid policies especially on nations with weak institutions. On the other hand, foreign investment for poor nations should be limited to acquiring manageable loans and grants that do not collapse the economies. This will increase excellence both African and Asian nations in terms of economic prosperity. Development entails the well-being of a nation or individual in various forms. This may include economic, social or political development and the way it affects the citizens of such a country. Similarly, development may also encompass the gradual advancement or growth that leads to the progress in other sectors of the nation in terms of Gross Domestic Product (GDP) and exports among others. Other fundamental areas include education, health and governance in the context of the provision of services for the benefit of the citizenry. Therefore, the involvement of Bretton Wood’s institutions such as IMF, World Bank and IBRD ensure there is a financial regulation and fair dispensation of funds to sponsor developmental projects. Such institutions also participate in the regulation of the systems that oversee the monies dished to nations especially the third world countries (Szirmai 45). On that account, there are several ways, which education development, through funds acquired from Bretton Wood’s institutions has helped the advancement of nations. This is manifested in the increase of public schools and literacy levels where there participation of IMF and World Bank is high. In other words, education is now associated with sustainable development that permits people to gain skills, knowledge and skills. Other benefits include values and attitudes that are meant indicate a sustainable future where everyone thrives. Similarly, educational development has meant that matters of sustainable prosperity are translated in areas of learning and teaching for the purpose of students and society. In the same breadth, Bretton Wood’s institutions have given funds to support the reduction of poverty, biodiversity and sustainable consumption to education an enjoyable venture (Tiwari 167). This is manifested in a nations such India, Indonesia, Vietnam and Singapore where financial aid is boosting the education standards of most schools. In this case, the IMF and World Bank has dispensed funds in the ministries of education to facilitate standards of education. Therefore, this has translated to competencies of imagination, critical thinking and decision making skills in a mutual may for kids. This is also apparent in teachers and tutors who get motivation from governmental and non-governmental ventures. However, when it comes to economic development in terms of assistance from Bretton Wood’s institutions, there are interesting issues. This suggests that economic development entails concerted and sustained actions that are used by policymakers in the promotion of the living standards including economic health. In the same breath, y in failed states mostly found in Africa such as Somalia and Democratic Republic of Congo, economic development refers to qualitative and quantitative alterations in the economy (Mbaku 134). Therefore, IMF and World Bank have not been successful in their development ventures because of several reasons. For example, issues such as bad governance policies, corruption and civil wars have hampered the efforts of Bretton ...Download file to see next pagesRead More
Comments (0)
Click to create a comment
CHECK THESE SAMPLES - THEY ALSO FIT YOUR TOPIC
Positive and negative impact of international institutions on developing countries
The concerted efforts of these two global institutions have helped to address many problems facing developing countries. However, there are negative impacts that can be associated with the activities of these organizations in developing countries. The aim of this paper is to probe the positive and negative impacts of World Bank and UNCTAD on developing nations.
12 Pages(3000 words)Essay
What role do NGOs play in reducing poverty in developing countries
After the formulation of United Nations in 1945 the term Non Governmental Organization came into existence.These organizations have many roles which include promoting rights of a specific faction of society,promoting basic services like education and health,fighting laws and rules that are against poor or a particular group and helping government fighting diseases
7 Pages(1750 words)Essay
Bretton Woods Institutions
These organizations were created in Bretton Woods, New Hampshire, during a conference, which brought together different nations of the world (Daly, Farley, pp. 318, 2004). Additionally, these organizations, which were created as part of the conference, included International Monetary Fund (IMF), World Trade Organization (WTO) and World Bank.
6 Pages(1500 words)Essay
The Role NGOs Play in Poverty in Developing Countries
According to the report, What Role do NGOs Play in Reducing Poverty in Developing Countries?,  the greatest hurdle in the progress of any country’s economy is poverty. In fact the impact of poverty has led to a wide difference between the developed and developing countries. The ill effects of poverty are more intense in the developing countries.
8 Pages(2000 words)Essay
How does the oil play a big role in Kuwait economy
Kuwait's border with Iraq has long been a source of tension between the two countries. Kuwait is mostly comprised of flat sandy desert. Although there are no rivers or mountains, the sandy soil gradually slopes to sea level where coastal marshes, mud flats and salt depressions around the northern part of Kuwait Bay are habitats for many species of birds.
20 Pages(5000 words)Essay
The Role of Women in Developing Countries
In developing countries, a woman's role is even more important as the family's well-being and survival depends heavily on the role of women as providers of supplementary income. The income of the male breadwinner of the family is usually inadequate to meet the family's numerous needs.
4 Pages(1000 words)Essay
Bretton Woods system
The moment is particularly favourable to open the discussion in these three directions, the mostly with the official signature, April 15 1994 in Marrakech, of the final Act of the Uruguay round, the loop was to some extent tied. Centre piece of the international economic order of post-war period, GATT joined thus the International Monetary Funds (the IMF) with the row of the great international economic institutions.
8 Pages(2000 words)Essay
How active a role did the laity play in the affairs of the pre-Reformation parish
However, the matter of churches and religious association at the time was also a matter of foreign policy and the power structure and struggles in the Europe of the Middle Ages. Henry VIII was
8 Pages(2000 words)Essay
Discuss to what extent Bretton Wood institutions have been responsive to criticisms and changed in the last two decades. Analyse each institution separately explaining what aspects have been reformed or not, why and how
The development of both IMF and the World Bank were based on key ideas of three experts: John Maynard Keynes, a British economist, and Henry Morganthau, the
10 Pages(2500 words)Essay
Should states intervene in internal affairs of other countries
This essay will rely on the analysis of several case studies in history, which present different situations where a humanitarian intervention occurred. In each case presented, the legal basis of action will be evaluated and the legality of the intervention will be determined in accordance with the international law in the UN charter.
3 Pages(750 words)Essay
Let us find you another Essay on topic The Bretton Wood's institutions play a big role in intervening with internal affairs of developing countries. How successful hav for FREE!
Contact us:
+16312120006
Contact Us Now
FREE Mobile Apps:
  • About StudentShare
  • Testimonials
  • FAQ
  • Blog
  • Free Essays
  • New Essays
  • Essays
  • The Newest Essay Topics
  • Index samples by all dates
Join us:
Contact Us