(Answered) Purpose of the World Bank

Management Studies

Question: What is the purpose of the World Bank? Purpose of International Monetary Fund? How do these previously mentioned organizations differ from European Economic Union? Do you think China should sponsor another like kind World Bank? What is the name of their like kind World Bank? Why would China sponsor another "World Bank" given the world wide saving glut? During the "Great Recession" did Ireland and Iceland use the resources of any of these previously mentioned organizations? How did Ireland and Iceland solve their economic problems during/ after the great recession?

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