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Q: Why hasThe IMF and World Bank have been criticized as undemocratic?
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The IMF and World Bank have been criticized as undemocratic. Why?

A reason that the IMF and World Bank have been criticized as undemocratic is because the leading policy makers are industrialized nations. The poorest nations are underrepresented or not represented at all in these organizations.


Why is the world bank often criticised?

The world bank is often criticized because it is presumed to have weak financial monitoring tools. Critics say that there is no accurate means of monitoring what governments do with allocated funds and that leaves a loophole for corruption.


How reliable is Suncorp banking?

Suncrop Bank is widely considered a reliable bank. They receive positive reviews for their consistency, reliability, and fairness. They have been criticized for their high initial interest rates.


Who's the CEO of World Bank?

who is the present CEO Of World Bank? who is the present CEO Of World Bank?


Who heads the world bank?

Robert B Zoellick is the head of the World Bank. He is the current serving President of the World Bank. Paul Wolfowitz was the president of the world bank before him.


What is the name of president of world bank and where is the world bank located?

Robert zoellicjim yong kim


Who funds the World Bank?

world bank gets funds through the sale of its bonds in international capital markets......and most important is that when any nations join the world bank then they contributes the money to the world bank......Also world bank charges interest on its loan......these are the mediums why which world bank generates money......


Was the Tokyo-Mitsubishi bank the largest bank in the world in 1996?

In 1996 the largest bank in the world was the Tokyo-Mitsubishi bank


Who is the director of world bank?

Ellen Goldstein is the Director of world bank.


What are the positive and negative effects of world bank?

world bank is like a domino if the world bank have a problem all business will also have a problem all business which is connected to the bank . .


Who is the first chairman of the world bank?

Robert B Zoellick (born 1953), U.S. politician ,is the head of the World Bank. He is the current serving President of the World Bank. Paul Wolfowitz was the president of the world bank before him.


Who is the World Bank's President?

Robert B Zoellick (born 1953), U.S. politician ,is the head of the World Bank. He is the current serving President of the World Bank. Paul Wolfowitz was the president of the world bank before him.