Terms in this set (4)
According to this excerpt, what is one major way in which the World Bank differs from a regular bank?
The World Bank aims to improve living standards.
In a transitioning economy, what is a downside of rapid economic growth?
Rapid economic growth can be difficult to regulate.
What does the International Monetary Fund (IMF) seek to accomplish for developing countries?
The IMF provides economic advice and loans to developing countries.
In a transitional economy, a _____ economy is changing to a mixed-market economy.