Department of Economic, University Reggio Calabria, Calabria, Italy
Mini Review
Global Financial Institutions and their Influence on Economic Development
Author(s): Yiuseppe Dodica*
Global financial institutions play a crucial role in the modern world economy, serving as intermediaries between borrowers and lenders, promoting
investment, and facilitating economic development. These institutions, such as the International Monetary Fund World Bank, and regional
development banks, provide financial assistance, policy advice, and technical expertise to countries across the globe. This essay aims to explore
the influence of global financial institutions on economic development, examining their role in fostering growth, reducing poverty, and addressing
economic challenges. Global financial institutions play a significant role in providing financial assistance to countries facing economic challenges.
The International Monetary Fund (IMF), for example, offers loans and support programs to member countries experiencing balance of payment
problems. .. Read More»
DOI:
10.37421/2375-4389.2023.11.402
Journal of Global Economics received 1931 citations as per Google Scholar report