The World Bank is an internationally supported bank that provides financial and technical assistance to developing countries for programs to reduce poverty such as infrastructure projects. It is governed by a board of executive directors representing member countries. The United States has veto power due to its large financial contributions. The World Bank funds projects in various sectors and faces criticism for promoting Western interests. The IMF was created in 1944 to stabilize exchange rates and assist in reconstructing international payments after World War II. It is governed by a board and managing director. The IMF aims to facilitate global monetary cooperation and secure financial stability.
Promote international monetary cooperation;
Facilitate the expansion and balanced growth of international trade;
Promote exchange stability;
Assist in the establishment of a multilateral system of payments; and
Make resources available (with adequate safeguards) to members experiencing balance of payments difficulties.
The IMF is accountable to the governments of its member countries. At the top of its organizational structure is the Board of Governors, which consists of one Governor and one Alternate Governor from each member country.
The Board of Governors meets once each year at the IMF-World Bank Annual Meetings.
Twenty-four of the Governors sit on the International Monetary and Financial Committee (IMFC) and normally meet twice each year.
The IMF's day-to-day work is overseen by its 24-member Executive Board, which represents the entire membership, this work is guided by the IMFC and supported by the IMF staff.
The Managing Director is the head of the IMF staff and Chairman of the Executive Board and is assisted by four Deputy Managing Directors.
Promote international monetary cooperation;
Facilitate the expansion and balanced growth of international trade;
Promote exchange stability;
Assist in the establishment of a multilateral system of payments; and
Make resources available (with adequate safeguards) to members experiencing balance of payments difficulties.
The IMF is accountable to the governments of its member countries. At the top of its organizational structure is the Board of Governors, which consists of one Governor and one Alternate Governor from each member country.
The Board of Governors meets once each year at the IMF-World Bank Annual Meetings.
Twenty-four of the Governors sit on the International Monetary and Financial Committee (IMFC) and normally meet twice each year.
The IMF's day-to-day work is overseen by its 24-member Executive Board, which represents the entire membership, this work is guided by the IMFC and supported by the IMF staff.
The Managing Director is the head of the IMF staff and Chairman of the Executive Board and is assisted by four Deputy Managing Directors.
Introduction to IMF, The Bretton Woods Agreement, Objectives of IMF, Functions of IMF, Members of IMF, Governance and Organizational Structure of IMF, Resources of Funds, Application of Funds by IMF, Advantages to India from IMF.
The IMF is one of most influential International Financial Institution committed for the reducing global poverty by meeting the challenges and opportunities of globalization. Hence, It urges on its member countries continued cooperation on transparent monetary and economic policies, honest government, and the establishment of rule of law. Although the IMF has been contributing to the economic development of developing countries including Bangladesh, we need to deeply examine the recommendations before accept the Fund’s assistance because of some controversial events has arisen before.
The International Monetary Fund (IMF) & The World Bank GroupAbdul Basit Adeel
What is The International Monetary Fund?
What is The World Bank Group?
What is the fundamental difference between them?
What is the functional structure of both institutions?
What is the working mechanism of both institutions?
Do they have any legal authority over states?
What happens when a state defaults?
What was the case with Argentina when she defaulted on IMF and World Bank as well as other foreign debts in 2001?
Detailed Text: http://slidesha.re/1uk4jEC
this presentation explains what is IFC i.e international financial corporation,what are the goals and purposes of IFC what are the services provided by international financial corporation
Introduction to IMF, The Bretton Woods Agreement, Objectives of IMF, Functions of IMF, Members of IMF, Governance and Organizational Structure of IMF, Resources of Funds, Application of Funds by IMF, Advantages to India from IMF.
The IMF is one of most influential International Financial Institution committed for the reducing global poverty by meeting the challenges and opportunities of globalization. Hence, It urges on its member countries continued cooperation on transparent monetary and economic policies, honest government, and the establishment of rule of law. Although the IMF has been contributing to the economic development of developing countries including Bangladesh, we need to deeply examine the recommendations before accept the Fund’s assistance because of some controversial events has arisen before.
The International Monetary Fund (IMF) & The World Bank GroupAbdul Basit Adeel
What is The International Monetary Fund?
What is The World Bank Group?
What is the fundamental difference between them?
What is the functional structure of both institutions?
What is the working mechanism of both institutions?
Do they have any legal authority over states?
What happens when a state defaults?
What was the case with Argentina when she defaulted on IMF and World Bank as well as other foreign debts in 2001?
Detailed Text: http://slidesha.re/1uk4jEC
this presentation explains what is IFC i.e international financial corporation,what are the goals and purposes of IFC what are the services provided by international financial corporation
What is the World Bank? What does it do? How did it come to be? Why do some people dislike it so much?
From the Un-Distinguished Lecture Series (http://ws.cs.ubc.ca/~udls/). The talk was given Feb. 15, 2008.
Role of IMF & World Bank & New Development BankAshwani Singh
This presentation talks about major functions of IMF, World Bank and the latest addition in International Banking 'NDB' (BRICS bank). Criticism faced by IMF and WB, Areas these banks basically work in.
WTO & Trade Issues - International Financial Institutions.pptxDiksha Vashisht
The International Monetary Fund (IMF) is an international organization that promotes global economic growth and financial stability, encourages international trade, and reduces poverty. Quotas of member countries are a key determinant of the voting power in IMF decisions.
Votes comprise one vote per 100,000 special drawing right (SDR) of quota plus basic votes. SDRS are an international type of monetary reserve currency created by the IMF as a supplement to the existing money reserves of member countries.
PERIYAR UNIVERSITY - B.A. ECONOMICS- IV SEMESTER - INTERNATIONAL ECONOMICS - UNIT – V: Evolution, Role and Functions of International Institutions - IMF, IBRD, GATT, WTO and ADB.
The World Bank Group is one of the world’s largest sources of funding and knowledge for developing countries. Its five institutions share a commitment to reducing poverty, increasing shared prosperity, and promoting sustainable development.
Educational Technology covers wide area of understanding, hence it is important to know the general understanding of what is it all about and the rest of its components by being oriented on its meaning.
This presentation presents the overview and the origin of the two political concept, the political ideology of fascism and the type of leadership of totalitarian.
how can I sell my pi coins for cash in a pi APPDOT TECH
You can't sell your pi coins in the pi network app. because it is not listed yet on any exchange.
The only way you can sell is by trading your pi coins with an investor (a person looking forward to hold massive amounts of pi coins before mainnet launch) .
You don't need to meet the investor directly all the trades are done with a pi vendor/merchant (a person that buys the pi coins from miners and resell it to investors)
I Will leave The telegram contact of my personal pi vendor, if you are finding a legitimate one.
@Pi_vendor_247
#pi network
#pi coins
#money
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how to swap pi coins to foreign currency withdrawable.DOT TECH
As of my last update, Pi is still in the testing phase and is not tradable on any exchanges.
However, Pi Network has announced plans to launch its Testnet and Mainnet in the future, which may include listing Pi on exchanges.
The current method for selling pi coins involves exchanging them with a pi vendor who purchases pi coins for investment reasons.
If you want to sell your pi coins, reach out to a pi vendor and sell them to anyone looking to sell pi coins from any country around the globe.
Below is the contact information for my personal pi vendor.
Telegram: @Pi_vendor_247
Currently pi network is not tradable on binance or any other exchange because we are still in the enclosed mainnet.
Right now the only way to sell pi coins is by trading with a verified merchant.
What is a pi merchant?
A pi merchant is someone verified by pi network team and allowed to barter pi coins for goods and services.
Since pi network is not doing any pre-sale The only way exchanges like binance/huobi or crypto whales can get pi is by buying from miners. And a merchant stands in between the exchanges and the miners.
I will leave the telegram contact of my personal pi merchant. I and my friends has traded more than 6000pi coins successfully
Tele-gram
@Pi_vendor_247
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
what is the future of Pi Network currency.DOT TECH
The future of the Pi cryptocurrency is uncertain, and its success will depend on several factors. Pi is a relatively new cryptocurrency that aims to be user-friendly and accessible to a wide audience. Here are a few key considerations for its future:
Message: @Pi_vendor_247 on telegram if u want to sell PI COINS.
1. Mainnet Launch: As of my last knowledge update in January 2022, Pi was still in the testnet phase. Its success will depend on a successful transition to a mainnet, where actual transactions can take place.
2. User Adoption: Pi's success will be closely tied to user adoption. The more users who join the network and actively participate, the stronger the ecosystem can become.
3. Utility and Use Cases: For a cryptocurrency to thrive, it must offer utility and practical use cases. The Pi team has talked about various applications, including peer-to-peer transactions, smart contracts, and more. The development and implementation of these features will be essential.
4. Regulatory Environment: The regulatory environment for cryptocurrencies is evolving globally. How Pi navigates and complies with regulations in various jurisdictions will significantly impact its future.
5. Technology Development: The Pi network must continue to develop and improve its technology, security, and scalability to compete with established cryptocurrencies.
6. Community Engagement: The Pi community plays a critical role in its future. Engaged users can help build trust and grow the network.
7. Monetization and Sustainability: The Pi team's monetization strategy, such as fees, partnerships, or other revenue sources, will affect its long-term sustainability.
It's essential to approach Pi or any new cryptocurrency with caution and conduct due diligence. Cryptocurrency investments involve risks, and potential rewards can be uncertain. The success and future of Pi will depend on the collective efforts of its team, community, and the broader cryptocurrency market dynamics. It's advisable to stay updated on Pi's development and follow any updates from the official Pi Network website or announcements from the team.
how can i use my minded pi coins I need some funds.DOT TECH
If you are interested in selling your pi coins, i have a verified pi merchant, who buys pi coins and resell them to exchanges looking forward to hold till mainnet launch.
Because the core team has announced that pi network will not be doing any pre-sale. The only way exchanges like huobi, bitmart and hotbit can get pi is by buying from miners.
Now a merchant stands in between these exchanges and the miners. As a link to make transactions smooth. Because right now in the enclosed mainnet you can't sell pi coins your self. You need the help of a merchant,
i will leave the telegram contact of my personal pi merchant below. 👇 I and my friends has traded more than 3000pi coins with him successfully.
@Pi_vendor_247
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
USDA Loans in California: A Comprehensive Overview.pptxmarketing367770
USDA Loans in California: A Comprehensive Overview
If you're dreaming of owning a home in California's rural or suburban areas, a USDA loan might be the perfect solution. The U.S. Department of Agriculture (USDA) offers these loans to help low-to-moderate-income individuals and families achieve homeownership.
Key Features of USDA Loans:
Zero Down Payment: USDA loans require no down payment, making homeownership more accessible.
Competitive Interest Rates: These loans often come with lower interest rates compared to conventional loans.
Flexible Credit Requirements: USDA loans have more lenient credit score requirements, helping those with less-than-perfect credit.
Guaranteed Loan Program: The USDA guarantees a portion of the loan, reducing risk for lenders and expanding borrowing options.
Eligibility Criteria:
Location: The property must be located in a USDA-designated rural or suburban area. Many areas in California qualify.
Income Limits: Applicants must meet income guidelines, which vary by region and household size.
Primary Residence: The home must be used as the borrower's primary residence.
Application Process:
Find a USDA-Approved Lender: Not all lenders offer USDA loans, so it's essential to choose one approved by the USDA.
Pre-Qualification: Determine your eligibility and the amount you can borrow.
Property Search: Look for properties in eligible rural or suburban areas.
Loan Application: Submit your application, including financial and personal information.
Processing and Approval: The lender and USDA will review your application. If approved, you can proceed to closing.
USDA loans are an excellent option for those looking to buy a home in California's rural and suburban areas. With no down payment and flexible requirements, these loans make homeownership more attainable for many families. Explore your eligibility today and take the first step toward owning your dream home.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
What price will pi network be listed on exchangesDOT TECH
The rate at which pi will be listed is practically unknown. But due to speculations surrounding it the predicted rate is tends to be from 30$ — 50$.
So if you are interested in selling your pi network coins at a high rate tho. Or you can't wait till the mainnet launch in 2026. You can easily trade your pi coins with a merchant.
A merchant is someone who buys pi coins from miners and resell them to Investors looking forward to hold massive quantities till mainnet launch.
I will leave the telegram contact of my personal pi vendor to trade with.
@Pi_vendor_247
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Introduction to Indian Financial System ()Avanish Goel
The financial system of a country is an important tool for economic development of the country, as it helps in creation of wealth by linking savings with investments.
It facilitates the flow of funds form the households (savers) to business firms (investors) to aid in wealth creation and development of both the parties
1. World Bank and International
Monetary Fund (IMF)
PolSci 235 – International Regional Organizations
2. World Bank
The world bank is an
internationally supported
bank that provides
financial and technical
assistance to developing
countries for
development programs
(e.g. bridges, roads,
schools)with the stated
goal of reducing poverty.
3. INTRODUCTION
• President :- Robert B. Zoellick
• Membership :- 185 countries
• Affiliates :- IFC, MIGA, ICSID
• Headquarters :- Washington, DC and more than 100
country Staff
:- about 10000 all over the world
• Established :- July 1,1944
INTRODUCTION
6. World Bank Structure
• The organizational structure of the Bank is headed by a board of governor,
composed of one governor from each member state, meeting once a year.
Below the board of governors is the board of executive directors, who meet
in permanent session at the Bank’s headquarters.
• The 24 directors are appointed by their governments but are considered
employees of, and are paid salaries by the bank.
• Voting in the bank is weighted. Meaning, the voting strength of each
member state is proportionate to its financial contributions.
• The U.S. still retains its power of veto and the share and votes of the Big
Five remain at nearly 40 percent. The Big Five are the United States,
japan, Germany, France, and UK.
9. AREA OF OPERATION
• Agriculture and Rural
Development
• Economic policy
• Education
• Energy
• Environment
• Financial sector
• Health, nutrition and
population industry
• Information, computing and
telecommunication
• Law and justice
• Private sector
• Social protection
• Trade
• Water resources
• Water supply and sanitation
10. CRITICISM
• It was started to reduce poverty
but it support United States’
business interests.
• It is deeply implicated in
contemporary modes of donor
and NGO driven imperialism.
• The President of the Bank is
always a citizen of the United
States.
• Lack transparency to external
publics.
• It is an instrument for the
promotion of U.S. or Western
interests.
• The decision-making structure
is undemocratic.
• It has consistently pushed a
“neo-liberal” agenda.
11.
12. 5 PRIORITIES OF WORLD BANK
• World bank provides the largest external funds for education.
• It is a big support in reducing poverty.
• It provides fund for biodiversity projects.
• it helps to bring clean water, electricity, and transport to poor people.
• It helps in controlling emerging conflicts.
13. International Monetary Fund (IMF)
• “It is an organization of 186 countries
,working to foster global monetary
cooperation , secure financial stability
,facilitate international trade ,promote
high employment and sustainable
economic growth and reduce poverty” .
• The IMF is the most detailed attempt to
organize the conduct of international
monetary affairs.
14. The International Monetary
Fund was created in July
1944, originally with 45
members, with a goal to
stabilize exchange rates and
assist the reconstruction of
the world's international
payment system. Countries
contributed to a pool which
could be borrowed from, on a
temporary basis, by countries
with payment imbalances.
(Condon, 2007)
Headquarters in
Washington D.C.
15. Who runs the IMF?
Member Countries
IMF Managing Directors
Executive Board
Board of Governors
First Deputy Managing Dir.
Deputy Managing
Dir.
Deputy Managing
Dir.
17. MEMBERSHIP
There are two types of members:
1) ORIGINAL MEMBERS: All those countries whose
representatives took part in BRETTONWOODS CONFERENCE
and who agreed to be the members of the fund prior to 31st
December,1945.
2) ORDINARY MEMBERS: All those who became its members
subsequently.
*BANK has the authority to suspend any member and similarly every member is
free to resign.
18. RESOURCES
OF THE
FUND
• QUOTAS AND THEIR FIXATION: The
fund has general account based on quotas
allocated to its members .when a country
joins the fund, it is assigned a quota that
governs the size of its subscription, its
voting power and its drawing rights .
• FUND BORROWING: It was in force from
October 1962 to December 1998 .At that
time its total borrowing was SDR 17
billion .
19. OBJECTIVES
OF THE IMF
• International Monetary Co Operation
• To Facilitate Expansion And Balanced
Growth Of International Trade
• To Promote Exchange Stability
• Generating Higher Employment And
Income
• Abolition Of Exchange Restriction
• Aid To Members During Emergency
• To Shorten The Duration And Lessen The
Degree Of Disequilibrium In The
International Balance Of Payments Of
Members.
20. Criticism
Many observers comment on the fact that the IMF has a ”one size
fits all” mentality, that whatever the situation the IMF prescribes
basically the same set of policies.
IMF does not adequately monitor the impact of its decisions on the
poor.
Some of U.S. critics say, IMF is an incredibly wasteful organization
that takes valuable funds and pours it down the drain of developing
economies whose leaders become fabulously rich off the money
without any intention of ever helping out anyone.
the IMF has no effective authority over the domestic economic
policies of its members.
21.
22. CONCLUSION
The IMF’s primary purpose is to safeguard the stability of the international monetary
system—the system of exchange rates and international payments that enables countries
(and their citizens) to buy goods and services from each other. This is essential for
achieving sustainable economic growth and raising living standards.
providing advice to members on adopting policies that can help them prevent or
resolve a financial crisis, achieve macroeconomic stability, accelerate economic growth,
and alleviate poverty;
making financing temporarily available to member countries to help them address
balance of payments problems—that is, when they find themselves short of foreign
exchange because their payments to other countries exceed their foreign exchange
earnings; and
offering technical assistance and training to countries at their request, to help
them build the expertise and institutions they need to implement sound economic
policies.