20 May WHAT IS THE BACKGROUND AND PURPOSE OF BRETTON WOODS, INTERNATIONAL BANK FOR RECONSTRUCTION AND DEVELOPMENT (IBRD), INTERNATIONAL FINANCE CORPORATION (IFC), MULTILATERAL INVESTMENT GUARANTEE AGENCY (MIGA), AND INTERNATIONAL MONETARY FUND (IMF)?
Week 5 Assignment: Describe the Purpose of Bretton Woods Institutions
Activity Description
The Bretton Woods institutions were created in the aftermath of World War II. Many believe they are obsolete or are
in need of massive redesign. The way forward must reference the road that has been traveled so far. Address the
following points in a paper:
1. What is the background and purpose of Bretton Woods, International Bank for Reconstruction and
Development (IBRD), International Finance Corporation (IFC), Multilateral Investment Guarantee Agency
(MIGA), and International Monetary Fund (IMF)?
2. This narrative should also answer the question “which of these entities might help a country with its
balance of payments versus help with funding to rebuild roads (i.e. after a tsunami)”.
Support your paper with a minimum of three (3) external resources In addition to these specified resources, other
appropriate scholarly resources, including older articles, may be included.
Length: 5-7 pages not including title and reference pages
Your paper should demonstrate thoughtful consideration of the ideas and concepts presented in the course and
provide new thoughts and insights relating directly to this topic. Your response should reflect scholarly writing and
current APA standards. Be sure to adhere to Northcentral University’s Academic Integrity Policy.
Upload your assignment using the Upload Assignment button.
Learning Outcomes
4.0 Appraise the effectiveness of the Bretton Woods institutions in assisting nations with financial support and
disaster recovery.
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