asked 191k views
5 votes
What main principle did the two organizations formed in 1944—the World Bank and the International Monetary Fund—have in common?

1 Answer

4 votes

The two organisations both have complementary missions. The World Bank Group is one of the world’s largest sources of funding and knowledge for developing countries. Its five institutions share a commitment to reducing poverty, increasing shared prosperity, and promoting sustainable development. Also, The IMF works to foster global monetary cooperation, secure financial stability, facilitate international trade, promote high employment and sustainable economic growth, and reduce poverty around the world.

answered
User Florian Humblot
by
8.6k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.