International Organisations

· All millennium goals set by the UN in 2000 have been achieved.

• True

• False

The UN successfully achieved their Millenium goal of halving absolute poverty from 1990 - 2015

• True

• False

Between 2000 and 2014 development assistance from rich to poor nations increased by 66% in real terms

• True

• False

The UN, in 2015, set the humanitarian development goals for 2025

• True

• False

The UN is included in the course because of their strong focus on economic growth

• True

• False

The International Monetary fund injects money into the global economy when the global economy experiences times of crisis like the GFC and the Euro zone crisis?

• True

• False

The IMF provide long term funding for development projects

• True

• False

A key criticism of the IMF during the GFC was that:

• They did nothing to help indebted countries

• They did too much to help countries affected

• Their lending was designed to help indebted countries pay loans to European banks

• They didn't focus on Europe enough

During the GFC, the IMF conditionality principle has been criticised because:

• It imposed terms on indebted countries that further affected their growth

• Loans were only given to European countries

• The conditions of loans involved the repayment of loans with very high interest

• Their conditions for lending were way too harsh

Developing nations control the funding measures of the IMF and funnel funds exclusively to low income economies.

• True

• False