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Superpowers

IGOs and how superpowers dominate them

  • 3 things to know
  • Papers 2 and 3

Overview

Recall questions on the World Bank, IMF, WTO and World Economic Forum, and on why influence within them is uneven.

What you need to know

Answer each one before you reveal it.

Your recallNot started
Key term

What conditions are typically attached to World Bank funding for developing nations?

Key term

What type of assistance does the International Monetary Fund provide to countries?

Key term

What does the IMF typically require from countries receiving its assistance?

Questions from this subtopic

Each one with the model answer underneath.

  1. 1

    Through what means do superpowers promote free trade and capitalism as the dominant global economic model?

    Model answer

    Through their influence over international governmental organisations (IGOs).

  2. 2

    What is the primary function of the World Bank in relation to developing countries?

    Model answer

    It provides loans and grants to developing countries for capital projects.

  3. 3

    What conditions are typically attached to World Bank funding for developing nations?

    Model answer

    Conditions that promote market-oriented reforms favoured by superpowers.

  4. 4

    What type of assistance does the International Monetary Fund provide to countries?

    Model answer

    Financial assistance and policy advice to countries facing economic crises.

  5. 5

    What does the IMF typically require from countries receiving its assistance?

    Model answer

    Structural adjustment programmes aligned with free-market principles.

  6. 6

    What is the main role of the World Trade Organization in the global economy?

    Model answer

    It establishes and enforces rules for international trade, promoting the reduction of tariffs and trade barriers.

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