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yes it should. all the IMF and WB do is cause 'confusion and delay', not to mention all of the countries that they have put to ruin, and poverty.

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11y ago
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6mo ago

The decision to abolish the International Monetary Fund (IMF) and the World Bank is subjective and depends on one's perspective. While some critics argue that these institutions perpetuate global economic inequality and impose neoliberal policies on developing countries, supporters point out that they also provide financial assistance and promote economic stability worldwide. Instead of abolishing them, reforming these organizations to address their weaknesses may be a more practical approach.

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Q: Should the International Monetary Fund and the World Bank be abolished?
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Should the IMF and WB be abolished?

Yes they should. All the IMF and WB do is cause poverty around the world, and ruin countries. A simplesolutionto world poverty is simple: abolish the International Monetary Fund and the World Bank.William R.NCFCAdebtorpeoples:)


Which international organization was formed to promote monetary cooperation among the world's nations and facilitate the expansion of international trade?

International Monetary System


Which international organization was formed to promote monetary cooperation among the world's nations and to facilitate the expansion of international trade?

European Union


Why Public caning should be abolished?

Yes, it should be abolished all over the world including the Islamic Countries.


What is the purpose of International Monetary Fund and the world bank?

To promote economic development


List and describe two international organizations that impact the global econonmy?

World Bank and the International Monetary Fund


Functions of international monetary fund?

The International Monetary Fund was first established to help in the reconstruction of the payment system after World War II. Its function is to help with economic and global growth.


What is the purpose of the International Monetary Fund?

The International Monetary Fund (IMF) is an organization of 187 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world


What is the purpose of the International Monetary Fund (IMF)?

The International Monetary Fund (IMF) is an organization of 187 countries, working to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world


How are the International Monetary Fund and the World Bank similar?

Both fight poverty in developing nations.


Why home works should be abolished?

Home work should be abolished as they create a burden on the growing children and stops them to inherit the world and reach their limits


Have west African coastal countries borrowed money from the world bank an international monetary fund?

true