Question

What role does the World Bank and International Monetary Fund play in the creation of poverty?

Answer 1

The main aim of world Bank is to reduce poverty of developing countries and it will also helps to increase the shared prosperity.World bank group mainly helps to reduce poverty of developing countries and it is also known as one of the world's largest source mainly for funding that to for developing countries.

IBRD and IDA together form the world bank and it mainly provides policy advices, financing and it will also give assistance mainly for the government of developing countries.IBRD and IDA focus many things where IDA mainly focus poor countries of the world where IBRD mainly assists credit worthy as well as the middle income of poor countries.

International monetary fund mainly focus inorder to secure financial stability, to promote high employment, to promote international trade and it also helps for an sustainable economic growth and it will also reduce the poverty around the world. For example international monetary fund helps to promote high employment which reduce poverty.

International monetary fund mainly helps to improve international financial stability as well as monetary cooperation. It also plays an important role to reduce global poverty by improving international trade and employment.

The world bank mainly focus to reduce poverty mainly by assisting low income and middle income countries where international monetary fund mainly focus to stabilise international monetary system and it also monitors world currencies . The international monetary fund controlls the world's monetary system and the main aim of international monetary fund is to provide economic stability. The world bank's main aim to improve economic growth of developing countries inorder to reduce poverty.