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Roles of the World Bank and International Monetary Fund

Describe the roles of the World Bank (WB), International Monetary Fund (IMF), and World Trade Organization (WTO) in the acceleration of globalization.

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The World Bank helps in the acceleration of globalization, due to the fact that this bank provides the financial assistance in the form of loans, that is needed by many third world/developing countries in order to stabilize their infrastructure, and to develop their economies in a manner that will make it possible for them to participate in the ...