Some Prominent Observers Wanting to Reform the IMF and World

question 64

Multiple Choice

Some prominent observers wanting to reform the IMF and World Bank

• A) say the World Bank and the IMF have already ended global economic inequality.
• B) suggest reforms to the voting structures of the World Bank and the IMF.
• C) call for an increase in the number of Western-trained economists employed at the World Bank and IMF.
• D) say MNCs should have more voting power in the institutions.
• E) feel only rich countries should be members of the institutions.

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Definitions:

Pavement Assessment

The process of evaluating the condition and performance of road surfaces to determine repair and maintenance needs.

Construction Period Interest

This is the interest accrued on funds borrowed to finance the construction of a property and is typically capitalized into the cost of the asset until it is ready for its intended use.

Management Manipulation

The unethical practice of altering financial data or reports to distort a company’s financial health or performance.

Asset Impairments

A reduction in the book value of an asset when its market value falls below its carrying amount on the balance sheet.