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INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT:
The main function of the IBRD is of long-term capital assistance to its member-countries for their reconstruction and development.
The IMF and the World Bank Work in Tandem
World Bank BOP support is not available without a Fund programme, while a Fund programme cannot be finalised without the prior negotiation of BOP support from the World Bank and from bilateral donors to fill the programmed 'resource gap'. The bilateral do not commit funds until negotiations with the World Bank have been concluded. Whereas the Fund sets the macro-economic guidelines and targets of a programme, the World Bank imposes a long list of neo-liberal micro-economic policy reforms on the borrowing country.
What is optimal choice of consumer according to consumer behavior? Consumer's Optimal Choice: In the fundamental problem of preference maximization, the set of affo
I don''t really understand how scitovsky contour is formed.
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if coast of good A fall by Rs.1 & coast of good B increases by 1 Rs. what will be the effect on budget line
Closesubstitute goods: The number of closesubstitute goods The more substitutes of good has and the more close the substitutes are, the more elastic the demand for the good. Fo
Suppose that two anti-marijuana proposals are currently being debated in Congress. Proposal I will reduce the supply of marijuana and cause its price to rise by 7%. Proposal II wil
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