debatenotes

debatenotes - 1 Does the financial support of multilateral...

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1. Does the financial support of multilateral lending agencies help or hurt in promoting poverty reduction and sustainable development in developing nations? • Putting money into developing countries will jump start their economies. • The US developed economically because of private investors who put money into businesses that grew and created jobs, which resulted in more people with disposable income. Multilaterals are helpful because they put money into these economies that is otherwise not being put into the economies. • Whatever the feelings people in the Western world have for the IMF, research by the Pew Research Center shows that more than 60 percent of Asians and 70 percent of Africans feel that the IMF and the World Bank have a positive effect on their country. ( GLOBAL ATTITUDES : 44-NATION MAJOR SURVEY • (India and China as IMF/WB lending success stories) 2. Do wealthy countries profit from the development industry?
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debatenotes - 1 Does the financial support of multilateral...

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