Role in creation of global economy

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1. The International Financial Institution (IFI) has a role in the creation of Global Economy. They are global in scope for example the IMF, they provide a temporary financial assistance to member countries to help ease balance of payment adjustments and also the MDBS, they provide financing for development to developing countries through long term loans, they also provide in supporting programs that are for the global economy e.g. technical assistance to programs at the country level. Is debt an instrument of domination? Yes or No? Provide one definite example in justifying your claim.

2. "Despite being "borderless" in this era of rapid interdependence and interconnectivity, there is still exists a great differentiation between nation not just in terms of its territorial location but also on its economic and financial value" Discuss how Economic and Financial Value gives division to countries in the Contemporary World.

3. Do you believe in a "Holy Wars"? Why or why not?

Give at least the positive and negative side of Religion in the Contemporary World.

Reference no: EM133260750

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