It has taken off as a concept in the wake of the collapse of the Soviet Union and of socialism as a viable alternate form of economic organisation. ... The fall of the Berlin Wall and the collapse of the Soviet Union ended the cold war between the forces of capitalism and socialism with capitalism triumphant. ... The World Bank provides loans to poor countries for development projects. The bank provides loans for investment projects, such as water and sanitation, natural resource management education and health. ... They share a concern that the global organisations such as the International ...

• Word Count: 9131
• Approx Pages: 37
• Grade Level: Undergraduate

In 1944 the allied leaders gathered at Bretton Woods and agreed to set up an international bank for reconstruction and development, the World Bank and an International Monetary Fund (IMF), designed to stabilise exchange rates and balance of payments internationally. ...

• Word Count: 3038
• Approx Pages: 12
• Has Bibliography
• Grade Level: Undergraduate

Financial markets are needed to control the money supply, with a reasonably tight fiscal policy and credit policy, this lead China to create a bond market, offering bonds with attractive interest rates to soak up excess money that threatened to fuel inflation. ... Also trade unions were not given any corresponding freedom to act and that has also clearly contributed to this problem. ... China's state owned enterprises have been extremely inefficient and to continue operation, they need to be kept afloat by direct government subsidies and loans from the central bank. ... Also, these sta...

• Word Count: 2010
• Approx Pages: 8
• Grade Level: Undergraduate